Mr Cooper Group Inc (COOP)

[livefree_ordie]

To me the old $8 offer is no good and not even in the cards here as JPM and FDIC are in a pickle now and they know it. Do you think after all this the WAMU lawyers will settle for just what they could have had before. No way now that the criminals have been caught in the act then the payout will be much higher and it will be based on how much JPM and FDIC does not want the public to know or find out about in any way.

WAMU attorneys can almost dictate that price or value and what they want from any settlement. A new bank set up by FDIC and JPM paid for by FDIC and JPM, plus a payout for all shareholders who stuck with this company although when the EC was formed I did not like the WAMU attorneys squirmings about it at that time and attempt to disband it, so more power to the EC.

What will have to be made public will be the reinstatement of WAMU and making all whole here because the spin can be JPM and FDIC remain the good guys and are supporting the proces, otherwise they are dead meat. I think it all bodes well for us either way it goes. Don't expect anyone to go to jail unless a crazy undervalued settlement is offered then the guns will come right back out and a jury trial will move forward, then a bigger settlement will come quickly when that happens. GLTA here.