Mr Cooper Group Inc (COOP)

[nixonfoust]

This is the key point (imo):

As shrewd as Dimon is and as daring as Bair might be, I don't believe that either of them made it this far in their respective careers by substituting arrogance and hubris for common sense and rational business judgment

That is the sentence that scares me. I'm rooting for equity, but the nefarious activities of JPM/FDIC/WMI lead to this possible conspiracy theory conclusion (again imo):

They can't get past the examiner motion, but that is OK with JPM/FDIC/WMI. They and their lawyers have had enough time to pay off the right employees, promised prominent positions to the right government officials and shredd all information necessary to prove them guilty. They will provide the examiner with just enough information to create a pool of funds that will allow the commons to have a taste. An initial lowball settlement will be drawn up, bounced around, revised and will eventually be approved by all parties and the judge. Everyone goes away with something, but the real crime is whitewashed and covered up through no fault of the judge or the legal system. It's just that greedy, unscrupulous people spend more time thinking of ways to break and/or avoid the law while upstanding citizens are working hard to make a living.

I pray that this is not what happens, but it has the potential of happening. Thanks to all who have diligently provided so much information for us who have not been with this stock as long. Lets hope that your efforts do not go unrewarded and Diamond is right: 2xValue+!