Mr Cooper Group Inc (COOP)

[hestheman]

WithCatz, thanks for your imput here. IMO, I believe the examiner's report was incompetence at it's best. I think Susman should demand a clawback of billings from that report...because to be quite honest, they could have paid me 3 million to do a report of that calibre...and I could have used all of the legal bullshit words to make it sound legit as well, if you gave me several months. This report did not resemble the work he did on other reports in the past whatsoever and to be frank, it reeks of a payoff. (of course i'm a conspiracy theorist, but all one has to do is look at the Wamu seizure story to begin with, to see what these powerful people are capable of). As you mentioned about the POR, a VALUATION is mandatory....unlike the DS. We should get a list of all assets and values etc. We know that Walrath has mentioned (as fish likes to quote about) "The Veil". We know that the FDIC seized holding company assets as well and the holding company assets would put A well above L. However, and here's the kicker of this idiot's report....he actually used the FINREG bill retroactively in one of his statements, and that would seem to indicate it is lawful for the FDIC to seize a banking holding company's assets....which of course now it is, but THEN in WAS NOT. I have to believe Susman will challenge the report but seriously, Hochberg's report was a monumental waste of time and money that had absolutely nothing of substance one way or the other.