Mr Cooper Group Inc (COOP)

[fsshon]

Great post Mordicai. Not only is her opinion/decision going to be published through the media world, it could set the precedent for many other decisions from other plantiffs in regards to JPM/FDIC/ She knows that her decision needs to be solid, so a higher court will not overturn her ruling on appeal. We are looking at setting a new precedent in case law and Judge Walrath wants to make sure that she is not known as the Judge who screwed up the economy and the financial industry with a ruling that crushed the dreams and hopes that the banking industry was recovering. I mean to let JPM operate the way they did and get away with it will be an injustice of astronomical proportions and she wants to give JPM and the FDIC enough time to settle this thing. IMHO. She will be in the history books and it could be the reason why she became a judge, so she could fight for the little guy and make big corporations and government follow the "rule of law." if her decision is pushed to the supreme court and they uphold it, she will defintely be getting a pat on the back and maybe a potential spot on a higher bench! IMO
She already knows what she is going to rule, I mean it is not rocket science to see that you can't buy/steal a bank for 1.9 Bil and keep 4Bil in deposits from the owner of the company. NO WAY JOSE' Her hardest ruling is the fishing expedition BK Rule 2004. IMHO