Mr Cooper Group Inc (COOP)

[SamuraiProgrammer]

Since we are going down memory lane...

SEIU (Service Employees International Union) was reported to be a large holder of WMI (perhaps it was their pension fund... I don't remember).
SEIU was a big time Democratic contributor at that time.
I always felt that one of our Aces in the Hole was that we were in the same boat with SEIU - at least during Democratic Party control.

Only time will tell for sure.

As for Holder getting a good job with JPM, there are lots of other ways he could have earned their favor.

I finally got around to reading "Too Big To Fail" and was surprised at two things...

1) WAMU was only mentioned in passing
2) When WAMU was mentioned, It was to say that the Government Players in the crisis were pissed off at Bair for having seized WAMU.

There were however many times where JPM was contacted to see if they would bail out this or that failing investment bank. JPM was depicted as the 'Knight in Shining Armor' that saved things at least once and was instrumental in the saga. Never was JPM depicted as being about to fail or even being in serious trouble (not my opinion, just a book report).