Mr Cooper Group Inc (COOP)

[ptolomeo]

I don't quite agree with you.

This BK case is a joke. It looks as the circus clowns show instead of a multibillion dollar bankrupcy case.

Examiner is lazy and instead of asking for a time extension he just bases his job on confidential material (that cannot be checked by other parties) provided by the debtors. The same poisonous apple that FDIC ate from JPM. Different players, same game.

Now we have that a semi-government agency (FDICK) messed all this WMB issue, but because they are govenment, and appointed by God, it looks as if everything is right.

FDIC believed info provided by JPM. No problemo amigo, WMI shareholders pay. At worst, taxpayers pay.

JPM got through the case as the World Economic saviour. What? Do you mean they are not? They paid 1.9 billion for a wrecked bank. Nobody wanted it (it doesn't matter if it was because JPM had moles inside, or was talking bad about wamu)...

So now, just in case shareholders get near IN THE MONEY (someone got a shiver down the spine when naked short selling covering was mentioned), JPM claims 10 billion dollars. 10 billion what? How much money have JPM made out of the 1.9 billion investment? I have to remember that they haven't paid yet, not the 1.9 billion, nor the 4 billion in cash...

I man, I miss those old times where the crowd would go out on ire and hang a thieve (or more) from the highest tree around.