Mr Cooper Group Inc (COOP)

[Bizreader]

IMHO, JP Morgan Chase and the FDIC; the perpetrators, are willing to pay 100% of what the BK court says they owe, but not until they have made as much profit and interest on the property they "stole". They are willing to make that payment to keep the facts covered up. The court is used to this shell game and knows that one of the only ways to punish this illegal behavior is to make them pay up.

Until specific charges are raised against specific individuals such as Sheila Bair and Jamie Dimon, the bastions of secrecy, anti-capitalistic, anti-democratic, tyranny-thirsty power mongers will not comply with the court's discovery orders. I hope the Justice Department is filing its teeth right now. No person should escape prosecution in this case. Too much damage has been done by those who executed this seizure and sale. The hypothetical possibilities of what would have happened are simply not holding water in light of the banking industries ability to remain afloat with the help of the U.S. Treasury back stop; TARP. JP Morgan Chase probably said they had to have WAMU to stay in the black and Secretary H. Paulsen told Sheila as much. (imho). NO matter. It's time to pay it back to the estate and the stock holders.

WAMUQ is a bell weather for individual investor's safety and strength in the U.S. stock market. The BK court must see this because of the size of this estate, the 1.7 million shares outstanding and the largest bank being seized.

If justice is to be done, strong rulings from the court that point directly to resolving this case are needed next. There really isn't much room for anything else.
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