Mr Cooper Group Inc (COOP)

[grandetourismo]

For the story tellers wanting the pps down for an entry, remember that WMI/WaMu/WMB is the victim here.

Think in terms of WaMu walking down the street minding it's own business one day when suddenly a gang of thugs decides they want what WaMu has and decides to jack 'em.

IMO, the Judge is impartial and will rule based on the underlying fact that WaMu was hijacked. That being the case, JPM will have to back off and compensate WaMu for all the booty and spoils they stole. In other words, the NOL's and commons etc. retain all their pre-seizure legal status.