Mr Cooper Group Inc fka COOP

[Lawrence 147]

Voodoo

In English; it was an admission of their actions as to trading while in possession of material non public information. Also note the SNH hold 7 billion in WMI debt. Now take into account WMI’s original filing where they had 30billioninassetsandthe fact that the SNH had no WMI debt until the 29th of Sept 2008.
Remember the statement of Appaloosa’s council; “they were invited in by the Debtors” now just when and how did this happen? Add to this the Debtors statement that the SNH were instrumental in the construction of the Global settlement and the construction POR.
S&G is putting together a fraud case and they are doing it with the statements of the Debtor and the SNH. This should be very boring to get through but you better be paying attention. Both the Debtors and the SNH have submitted enough to convince anyone what they constructed was fraudulent on its face and they justify it with (of Course they built the settlement to their benefit) Sussman should be able to show the where the when the how and the why using all of the documents they have submitted. Trust me you do not want to be in their sights come Wednesday