Mr Cooper Group Inc (COOP)

[fsshon]

Desp..I think you are missing the point that it was Neil Kashkari of Treasury that proposed this 5 year carryback and worked to get it implemented. He knew it would help out firms like WAMU. He also pushed for the Banks (i.e JPM) to not be allowed to get the tax refund money if they took TARP.

Now he is in a Mountain Home in the Sierra sequestered by Hank.

I agree with what you have said "The Debtors are the enemy here, but the other parties are part of the GSA and obviously support it." Adam Strochak of Weil started strong in this case, I am sure it will be proven through the discovery of the noteholders, that they are the ones who stopped the debtors from pursuing JPM/FDIC because it was more beneficial for them to get paid quicker if they exited BK before Dec 31, 2010, they would have WMMRC and the NOL's to.

I remember their attorney clearly stating "we are the architects of the Global Settlement Agreement, we designed it and implemented it."

In other words, it is now flawed and should be thrown out in it's entirety.