Mr Cooper Group Inc (COOP)

[rramirez82]

That would be a concern for me if the U.S. Trustee had not already succeeded in her appointment of an equity committee and examiner. At this point, the U.S. Trustee has done everything she was required to do in the interests of justice. There's no going back now that the EC is on board and the examiner has commenced an investigation of the sham settlement and potential claims.

If we're going to talk about corruption within the DOJ at this point, I believe the only thing that could happen is that the DOJ might find itself reluctant to actively charge and prosecute JPM/FDIC with criminal charges. However, if the examiner and/or the court clearly finds evidence of criminal malfeasance the DOJ is going to have a hard time refuting its duty to begin a criminal investigation.