Mr Cooper Group Inc (COOP)

[warcton]

The judge was not, "duty bound to release her opinion on the four billion when she arrived at it".
She did not hold "on to it and ask them if they wanted her to release it".

The Debtors(WMI) asked her not to rule on their(WMI) Summary Judgement motion for the $4bil because they were close to a "global" settlement. Judges generally prefer to allow amicable settlements among the parties rather than issue rulings. But, she did say that she was ready to rule and later hinted that it would be in favor of the Debtors.

"who the hell is the Judge and what is her part?"

She is here to adjudicate the bankruptcy case filed at the request of the Debtors(WMI). As I am sure you have noticed, Rosen(WMI) leads the proceedings and sets the agenda. The judge is constrained by bankruptcy law and does not really have liberty to do whatever she wants. That is the way the law is currently written. Yes, it is far from ideal.

"This Judge is worse than the Criminals as she has been aiding and abetting bankruptcy fraud"

That is a fallacious statement.

While I strongly disagree with the judge's reliance on herself basically as an uncrossable witness by entering her own opinions on behalf of the Debtors(still on appeal by EC), we can't forget that we(equity) are primarily here because of her. Back in January 2010 she said we, "have a right to a place at the table". That is currently where we still are, and now, dare I say, we are at the head of the mediation table.

"This is like the guilty criminal who asks the jury not to release their opinion for fear of what a negative opinion would do."

Can't disagree with that lol.