Mr Cooper Group Inc (COOP)

[rramirez82]

This is an excellent articulation of the past week's events. I wish I had more time to analyze and theorize with you but I just don't.

I hope the EC and UST successfully keep this proposed settlement from going forward. I would much rather see A>L and a new BOD elected so that WMI stays on course for trial against JPM/FDIC as oppose to seeing Weil and the current BOD sell out for some back alley deal with JPM and the FDIC. We need to cut our ties with Weil and any of the other tainted entities working on behalf of the estate. After seeing JPM/FDIC/WMI's true colors, I wouldn't be satisfied with a settlement. I want this to go all the way to trial while the US Department of Justice investigates all parties for criminal activity. People need to go to jail and examples need to be made so that the American people don't lose faith in our legal system, financial system, and ultimately, our government.

I've been long and strong since I picked up my first share almost a year ago. I'm hedging my investment this week out of sheer precaution but plan to retain a relatively substantial interest in commons within my portfolio.

Good luck to you and thanks for sharing your analysis.

-RR