Replies to post #57975 on Mr Cooper Group Inc (COOP)

[diamondguru-one]

wamu IS getting interest on the $4 billion plus dollars.....and the $4.8 BILLION dollars is WAMU's...thats a FACT....so .05 cents....that is laughable...let the MM's have their fun.....WAMU will shine BRIGHTLY soon.....Gooooo WAMU

[Bizreader]

This is a fight, with a capital F. The court documents are enough for anyone with half a brain to conclude that real money is going after justice. Justice of some type will be served, whether Congress, President Obama, Geitner, Dimon, or even WAMU execs like the outcome, it's beyond any one group controlling the outcome now. The threat of a law suit is clearly in play. Once it is filed then a deal will be worked out or legal precedent begins to be applied. Precedent may not be easy to find but we know the FDIC can loose, we also know that JPM can sue FDIC and they can both loose. Imagine the FDIC wanting to avoid a suit from JPM too. WMI has already lost so it can only go up from here. The courts and judges will not join the confusion, they will slice this knot open and let the past fade. IMHO, WAMU stock holders who have had the sense to average down will be glad they did and those who got in after the BK will profit handsomely. This is my humble opinion on the eve of our destiny. (a little pomp and circumstance added for fun.)