Mr Cooper Group Inc (COOP)

[Bizreader]

Hi Fish,

As you outline in your post, to which I am replying, Solomon has been around for months and months and they know who to evaluate and monetize corporate assets. It is what they do. Susman has the Solomon opinion and has definitely shown it to the judge, THJMW, imo as well as yours. We agree.

That has forced the debtors and JP Morgan Chase back to the drawing board.

THJMW: "Quite frankly I've found that the litigation process is not adequate in this case. There have been inordinate delays and impediments to discovery by all of the parties who have a stake in this case in connection with the confirmation process and that has just convinced me that an examiner is necessary, both to reduce the cost of litigation and to assure that all parties have a forum through the examiner for consideration of their positions. Not simply on the merits of the global settlement but on really the value of the Debtor's assets, both those being settled and those left behind, and the appropriate distribution of those assets under any Plan. " said by THJMW.

(I wish our judicial system had a tool to get to the bottom line without waiting for the BK company and its lawyers to reveal the assets! )

Yes, again the statement "It's over." probably means the squirming around that snake Rosen, et al. were doing is over.

Now, the Examiner, then to finalize the decision, the Trustee, so that JP Morgan and the FDIC take this court seriously!

Block heads!

eom