Mr Cooper Group Inc (COOP)

[rramirez82]

Very interesting.. but do you think JPM (with it's reputation virtually unscathed) will risk the bad press and allow any/all skeletons to escape from it's closet by moving forward with the litigation process?

Does the fact that evidence of the April (and perhaps even more recent) settlement discussions make a difference in your opinion on JPM prolonging the litigation?

I honestly believe JPM will use its business judgment in settling this case out of court, as soon as possible. It stands to lose way too much if it prolongs the litigation process and opens itself to Rule 2004 discovery - limited or not. The $4B is as good as ours and I hope we see a decision sometime next week (as I won't be able to get my hands on more shares until next week because of margin requirements, lol). I also believe Judge Walrath is giving a bit more deference to WMI - unfortunately, she has the weight of the world (and the financial sector) on her shoulders with this decision. I think she's simply giving the parties until the omnibus hearing on June 24 to finalize some kind of settlement agreement.

Thats just my $0.02 though. There is alot of speculation here - but only one thing seems constant - we all stand in a fine position to capitalize serious gains and/or recover losses from this action. Godspeed everyone.