Mr Cooper Group Inc (COOP)

[Dragynn]

Actually it's called "giving Jamie Dimon and JPM more rope, and the time to hang themselves with it".

And I must say, with a 722 million bribery settlement in Alabama, a new lawsuit out in california over a Ponzi scheme there, the highly publicized involvement with the multi-BILLION dollar theft by Bernard Madoff, all the other current suits against JPM, and of course our own multi-billion dollar suit...I must say it's working FRIGHTFULLY well, our lawyers have the spark of genius, and i'm willing to wait as long as it takes.

Because the longer it's dragged out, the bigger the payoff will be. So that's a positive! Besides, we've already seen how JPM will duck and run, throwing money at the problem so they don't have to accept blame, and can dodge jail another day. My fondest hope is that they WILL be stupid enough to take it to full trial, so these lying thieving cheats can ALL go to jail, but it will never happen, JPM will settle LONG before it comes to that.

They will settle without admitting blame, just like they did in Alabama, and when they do, the FDIC will do so as well, again, without admitting blame, though they might try to hang JPM out to dry for it so Sheila doesn't look like the bad guy.

You know this is how it will happen, anybody that isn't completely chewed up with naivete`, knows this is how it works in a merchant-run society, we might not get real justice, but we WILL get paid to shut up and go away.

Wamu will emerge, with billions in cash, and now a clean balance sheet and no debt. Where they go from there, I look forward to seeing.