Mr Cooper Group Inc (COOP): Does Rosie pull WMI out of Global Settle...

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Thursday, 06/16/2011 5:40:11 PM

Thursday, June 16, 2011 5:40:11 PM

Does Rosie pull WMI out of Global Settlement?

Rosie has been playing both sides of the fence in this crime ridden chapter 11 case. There is no doubt in early 2009 when this Global Settlement was originally planned by the Hedgies that Rosie was present and enabled them into this bankruptcy fraud with hiding, selling, transferring, property, assets and other. With one Hedgie who has been partially deposed and is now being compelled to give up information, these people will roll before going to prison.

The fifty to one hundred billion dollar question is when does Rosie capitulate? I say this because he will not go to prison for anyone including his BELOVED JPM/FDIC, so when does he pull WMI out of the Global Settlement assuming there is no settlement on Friday, June 17, 2100? My guess he would have to pull WMI out BEFORE the next deposition takes place unless it is settled before.