Mr Cooper Group Inc (COOP)

[Large Green]

Rapid Conclusion or Years=Business with the “DEVIL” a Must 3-Last fall Jamie discussed his departure from JPM involving a host of rumors about his future endeavors. Jamie more recently discussed ideas about his “sudden departure” getting his leaders ready for ‘sudden’ transition. Now we have our EC on board and hopefully getting ready to file some very damning documents.

I started thinking, after Rosen verbalizing his infamous rant about destroying equity and the sham of a POR, what would he do next? After all, working on both sides and being paid by the Estate poses its challenges like what next? Rosen has to know that Venable will file sanctions, try to oust the BOD, hire new lawyers, find a new set of BOD’s and then you can imagine losing ‘exclusivity’ (could be a good thing) but you get the idea…delay after delay and year after year.

Now here are my thoughts about getting this over with and back to Rosen’s thoughts about what to do, what to do. After filing that sham of a POR, Rosen called Venable that Monday morning and started pleading with them about NOT filing sanctions and letting them know how valuable Weil could be at this time. Weil would be discussing how we have all of the evidence at this time and we will (promise-promise) work with equity, including common shares to get a great price. Rosen had to tell JPM his sham would not work and he will truly have to work with the EC and there is not much time left.

Even though I want to see this bastard-Rosen in jail, this is a business decision and Rosen probably does not really care as long as he is on the winning horse as it crosses the finish line. Now this could truly be over in a matter of days to several weeks as all Rosen has to do is subpoena Jamie and Charlie as they could not answer the first question that would be asked without perjuring themselves. We are not going to change the system over night, so I prefer the business decision of not going after Weil if they are out to settle this ASAP and I have to believe JPM already knew this and this would explain recent decisions JPM has made.