Mr Cooper Group Inc (COOP)

[Franconeli]

The three parties were looking at mutual assured destruction here.

WMI entities figured out they'd make billions another way and skip the criminal retaliation from FDIC.

Susman knows that WMI has the goods on FDIC and JPM. They could have gone further but stopped when FDIC threatened prosecution back to WMI.

This is why Susman is pushing so hard for work product and analysis by Rosen. In that work product and analysis it will show how they strong armed FDIC and JPM. Also,having those analysis will prevent Rosen from hiding documents under attorney/cleint priviledge.

If properly pushed, Dimon being on FDIC board and basically writing directions for FDIC to take over WMB could become a Waterloo for FDIC. With all documents disclosed of public record, it could be a lighting rod for some political figure that hates FDIC, JPM and Dimon. Not to mention all the people Dimon is connected with.