Mr Cooper Group Inc (COOP)

[chessman]

Ladies and Gentlemen, I have a theory ...

I have a theory, and I think it might warrant some discussion. I could be totally wrong about it, though.

JPM and the FDIC might not produce any documents for the court because maybe, just maybe, they have some sort of awareness or knowledge that the Solomon report, or even the info the Examiner will possibly present, might just fall in a range that will be affordable for JPM/FDIC to pay. It could be that the mention of the 30 billion in all the in-court/out-of-court bantering is actually what will be presented in court in the near future.

As much as the thieves would like the A>L to be almost zero, the figure -- whether it be 10 billion or 30 billion, could be one that JPM/FDIC are prepared to address and pay. Sort of like, well, we (JPM/FDIC) were not sure in the beginning as to what all the assets were, but, it's okay, we will settle on that amount. Likely, the A>L is much higher, but these corrupt bastards are rolling the dice to see what the Solomon valuation is. Sure, maybe there was never a formal asset list, but maybe they know that and simply don't care; instead, they figure (or know) that it might be difficult to tag them for more than 30 billion.

Heck, they probably have made up 30 billion in the past months, and more as it drags along, and they are just waiting for the judge to drop the hammer. That is why I think they are stalling on the docs. It's just a theory.

This coming weeks will be exciting!

Go WAMU!

Peace,

Chessman