Mr Cooper Group Inc (COOP)

[livefree_ordie]

I think this is a very interesting case in that if JPM had insiders working for WAMU (moles) and the FDIC acted on their findings then the FDIC is at fault for acting on false insider information at that, and JPM is at fault for placing moles inside the WAMU operations to find out what condition the company was in or making the company in a bad position. All geared to destroying WAMU for profit, as has been the mantra here.

I think there is plenty of blame to go around but the bottom line is the FDIC acted on bad and incorrect information for some reason, directed or orchestrated by JPM perhaps to protect the public from this upcoming default. Yet days after TARP arrived so JPM could reap the benefits from it as well. I think it was all planned to happen the way it did and they expected no one to come forward to complain.

And here we are today with JPM nor the FDIC wanting any of this in the public eye, in my humble opinion WAMU can name their own price, but will leave it up to an honorable judge or a reconcilliation outside of the court walls which I really don't know what further back door deal would be made in our interest in the latter scenario. GLTA here and thank you all for you're help with information I had requested.