Mr Cooper Group Inc (COOP)

[kelseyf]

You just knew that the EC would have a word or two to say. No way this is over. Thanks Simpsonic for the find.

In prepared remarks given to an audience in Houston, TX, WamuTruth Executive Member Sean Fitzgerald said, "Our organization is extremely outraged by the actions of WMI in its global surrender to JP Morgan and the FDIC. It is absolutely absurd that either party should receive Washington Mutual's rightful claims to the $5.6 Billion in tax refunds or $4 Billion in its deposit account.

What is even more absurd is that the company is selling JPM 5.4 Million Class B Visa Shares for $50 Million when they are worth over $250 Million. The company, which was solvent through the date of its seizure, has a number of strong legal claims against both the FDIC and JP Morgan, and should pursue these claims in open court. Americans are tired of these backroom deals which benefit Wall Street instead of Main Street." WamuTruth is publicizing this press release to provide a letter for Washington Mutual shareholders to send to the court to show that we are displeased with the actions of WMI and its board of directors. U.S. Supreme Court Justice Louis Brandeis once said that, "Sunlight is the best disinfectant."

Kels