Mr Cooper Group Inc (COOP)

[p_chen]

Jackson, I agree with Bofan that a lawsuit must be filed to preserve furthur legal rights. With the lawsuit filed, parties start to "really" talk. I can imagine how arrogant FDIC/JPM were. But with being sued and losing, they must offer much better than they did in the past months.

I don't think Weil/WMI accepts any offer less than $8. Someone may argue that the current economy is worse than the one in 2008. Correct. So what? FDIC/JPM are the ones that care more about the discovery of the truths. FDIC/JPM are the ones that clearly showed the public that they used means to drag WaMu down.

However, I doubt the offer will be a buyout. If they do offer a buyout of more than $8pps, they tell the market what they did to WaMu. So I guess a Merge or Fair Price Compensation is viable solution to this mess.