Mr Cooper Group Inc (COOP)

[NASCOW]

So this is what will decide Wamu fate?

Operating under the protection of the Delaware bankruptcy court, WaMu's former parent moved to claim the cash, invoking its rights as a depositor.

JPMorgan and the FDIC say the fate of the money will hang on a law that falls outside the jurisdiction of the bankruptcy court, the Financial Institutions Reform Recovery and Enforcement Act of 1989, FIRREA.

I would focus my research on the Financial Institutions Reform Recovery and Enforcement Act of 1989, FIRREA..right now and figure just how reaching it is, that and the fact that this current admin sees no problem with ram rodding bankruptcy law has me concerned with the final determination