Mr Cooper Group Inc fka COOP

[Chiron]

Rosen has no choice. He is on the leash of a very powerful hedge fund conglomerate and JPM. A failure in this case, meaning equity is paid and bondholders crammed down is a career ender.

The next time the hedge funds see an opportunity like this, they won't be going with Brian Rosen. In fact, I doubt they will again based on the fact he is now 7 months late getting them the reorganized WMI.

And the courts are getting wiser to their schemes everyday, Walrath didn't give Rosen his X-mass wish to have the POR decision by 12/24.