Replies to post #73200 on Mr Cooper Group Inc (COOP)

[Chiron]

And if Judge Walrath does not give the money back to WMI, she sets a very very dangerous precedence in this country. She basically is saying, something that is worth 4 billion can be bought for 1.9 billion. I don't think she wants to open that can of worms. There will be organized protests outside her court!

[Bizreader]

Read Mordicai's recent post and if you don't understand it take the time necessary to understand it. Mehedi is correct, I think.

JPM has no grounds what so ever to hold this money. An honorable manager would have released it to the owners months ago.

My "idiotic" attitude, as someone recently said, is not so idiotic if one considers that virtue, though not always allowed in the board room, must be brought back to the board room to make capitalism sustainable.

Right now, holding that 4 billion is like saying "We like the protection of the government and the courts. They let us take this and we like having it."

In the same day, Jamie is saying he wants to give back the TARP money. Give back the 4 billion to a WMI first.