Mr Cooper Group Inc (COOP)

[mordicai]

It is a futile attempt to pull the wool over the bankruptcy judge's eyes. The fdic does not have jurisdiction over the holding company or its assets other than those belonging to the failed bank. The bankruptcy judge has jurisdiction over the holding company's assets, and neither the fdic nor jpm have come forth with any facts to dispute the fact that the holding company is the rightful owner of the 4 billion in deposits. Read the holding company's response to jpm's arguments against the motion for summary judgment. Also, the texas case response to fdic arguments indicates that many of the fdic assertions are not supported by the law. Bottom line is what choice does the bankruptcy judge have...the 4 billion is clearly the holding company's , the holding company has shown that jpm has no LEGITIMATE dispute over the 4 billion, and the bankrutpcy judge has the jurisdiction to rule and the duty to protect the estate assets.