Mr Cooper Group Inc (COOP)

[p_chen]

I hold another view.

We need to think about the initial motivation of WMI's decision on fighting instead of leaving.

All moves right now we see are telling the public that WMI won't leave the game, at least without a fight. WMI should have confidence in winning the game. Otherwise why bothers to hire the top law firms and turnaround firms at the beginning.

If WMI wants to leave creditors and equity holders nothing but the assets in possession, why did it spend so much on hiring those talents? It's not logical and reasonable.

By reading the moves, I tend to believe that WMI is goning to choose emerging from CHAPTER 11 by acquiring other income-generating operations or cooperating with other thrifts or being bought out.

Liquidation is possible, but all the info we see now doesn't build a solid base to support the liquidation choice.

I am not trying to pump. They are just my observations.

God bless WaMu shareholders.