Mr Cooper Group Inc (COOP)

[sf]

the fdic was taken down in the savings and loan scandal and made to return banks to their rightful owners. they are not untouchable. JD and SB dont just step down. this is big and just the beginning. and as far as commons go..i dont feel wmi is in the cut throat business. they only went into bk to get away from the fdic while they sured up their company. to be cut at the knees, your computer system taken. bank taken, employees taken and to be locked out? i feel weil is doing an awesome job and will prevail. tpg will get their money back. and when i worked for piedmont and they went into restructuring under chap 11. my common stock went to Q then when reorganizing was over they returned with a new ticker intact. i feel this is what will happen. stockholders nor the bank was the problem. fdic the govt and jpm were the problem. i feel wmi will take care of their shareholders. just like they did last sept. with their cayman preferred shares. they were reissued as wmi stock. how did washington mutual know the "WMI" symbol existed unless there had been a plan in the works. just too organized for a surprise seizure...dont you think? or maybe a plan played to perfection. i think the later is true!