Mr Cooper Group Inc (COOP): If the FDIC signs on to the deal (and do...

Reply Private New

Replies (3) Next 10 Prev Next

Send PM Follow Ignore

Followers	33
Posts	1272
Boards Moderated	0
Alias Born	07/23/2008

WaS

Re: kas444 post# 195643

Wednesday, 05/05/2010 7:22:57 PM

Wednesday, May 05, 2010 7:22:57 PM

If the FDIC signs on to the deal (and don't think they won't since the longer they wait the bigger a case we build against them) then we have little to no time.

Walrath said we have the powers of an examiner. Fine. Look what Lehman's examiner did to the guys at Barclay's.

Susman should move to depose Bair, Dimon, Reich, and Cox RIGHT NOW. Ask all about the no short list, Project West etc etc...

And hope scheduling conflicts buy us some more time while we build our case around the depositions taken and the docs we desperately have to sort through.

100k pages of docs in a couple of weeks is NOT going to be easy. We need to slow this down... and now or Susman isn't going to have much of a chance to get this moving.

"From listening today, It sounded like full discovery to me?! What kind of time frame do we now? I think we'll be ok once Susman gets this movin!!!!"