Mr Cooper Group Inc (COOP)

[Large Green]

Rosie's worried-Higher WMI equity prices-Rosie RUINED if no deal!

Rosie must really be concerned about higher equity prices for him to make a very small two page filing on Saturday morning discussing a one week delay. He must be afraid of the attention equities will get from the financial world if indeed the prices go to levels they should be based on the failure to get a POR passed in almost three years. If JPM/FDIC does not capitulate by 8/10/2011, one of a couple actions will happen. I believe Rosie has to protect him first so if the JPM/FDIC does not chip in Rosie really only has one choice left. That is assuming he does not know what Walrath will do and that is to pull WMI from the Global Settlement which will be devastation for Weasel/Gotcha/Mangle anyway.

http://www.kccllc.net/documents/0812229/...

The ONLY way Rosie can escape this travesty he has presided over is to get a settlement and anything less spells total disaster! One has to know Susman is sensing Rosie’s ultimate disaster and may have increased whatever he would have taken as little as two to six weeks ago. Rosie’s choices have decreased substantially. This latest action (delay) shows that equity is most definitely “in the money” as there is absolutely no reason for a delay at this point other than to say Rosie is starting to panic. I have said many times that JPM will “eat their own” and they may have told Rosie they see no reason for a deal on their end. Weasel/Gotcha/Mangle has way too much dirt on JPM and vice versa, so I do not expect much from either end if they are setting each other on fire. This is really going to get good and the volume on equities will be very interesting starting on 8/1/2011