Mr Cooper Group Inc (COOP)

[Large Green]

No major reverse split and here is why!

Many favorable actions have happened in the WaMu tragedy since the beginning. They all seemed in the nick of time with each occurrence just in time to save Equity from being zeroed out which brings me to my conclusion. It falls into an area about a well known poster on Yahoo that makes one wonder into the negative zone about her actions. In the very beginning of this case, this certain poster made sure all players understood that an Equity Committee was not needed and tried repeatedly to ensure Equity was in good hands without a committee. I had a real problem with this in the beginning due to the fact that why would one NOT want to protect their interests? To me this is just common sense which made me wonder what her ulterior motive was. Here is the link about the NOL’s that saved us the first time which ultimately brought in Exigent Circumstances (December, 2009) by then U.S. Trustee, Joe McMahon. This act ended up putting assets over liabilities at the time and made Rosie panic and regroup.

http://www.cpa-connecticut.com/net-operating-loss-carryback.html

Then we had several more of these actions that had to do with laws getting passed in the nick of time such as the Stern Decision by SCOTUS and then ANICO Decision overturned which has given us all hope and has thrown wrenches into the Criminals original plans. I have always wondered about Bonderman and his ulterior motives due to what appeared to be his inactions with his two billion investments in WaMu and another five billion of Chinese money he had invested in early 2008. Then in September of 2008 the Criminals seized the bank along with their investments. When WaMu accepted Bonderman’s bid over JPM, this made the true Criminals furious and they were set on “one-upping” Bonderman who I thought for a while was against us. Though recently, I have come to the belief that Bonderman is positive for Equity and that with all of the Texas connections such as Bonderman, Willingham, Susman and others who are all key players in this mess are connected directly or indirectly and from Texas. I know Bonderman was on JPM’s board at one time but that to me that means nothing as these types of people are generally on multiple boards for their own advancement. Bonderman also left WaMU’s board in late 2008 to 2009 which also may explain he was not working with these Criminals. Another mysterious action is one of Nate Thoma (thank God) and I will not say anything other than another miracle with perfect timing and to save Equity AGAIN in the nick of time.

I have always thought there are/were behind the scenes player (s) and I have come to the conclusion that since Bonderman has virtually said nothing publically and who is the largest/controlling shareholder that he is the main behind the scenes player, using others to do his bidding in order to keep his legacy quiet and behind the scenes. I do not feel there would be anybody (especially Government types) that would go to the extent this case has to save Equity when this should have been a slam dunk bankruptcy filing with WaMu being in and out of chapter 11 with Equity cancelled in eight to fifteen total months. With certain documents filed under seal, this could be to protect obvious players from repercussions along with other obvious reasons. This could also explain why the court refused to let the public see what was under seal for their own protections and the protection for this case in general.

Now, if I am correct in my assumptions (Bonderman is positive for Equity) based on the facts I have witnessed happening and Equity is now calling the shots, there is no way in hell that Bonderman would let his Equity be hugely reduced through a reverse stock split. These types of actions are generally VERY negative for Equity and the company going forward. Bonderman’s history has always been very low key, quiet, no headlines and extremely professional, so his action’s in this travesty are in tune with his business style. Keep this in mind, JPM/FDIC have never liked the west coast banks and people from Texas due to the fact they generally do not play the corrupt Wall Street games, so it would actually be perfectly fitting for JPM to try and screw Bonderman after he destroyed JPM’s attempt to steal the bank ($8.00 a share offer) through his WaMu investment in early 2008. At some point soon we will see what hand Bonderman has played and whether he was also played by the Criminals or is in fact one of them himself.