Replies to post #76466 on Mr Cooper Group Inc (COOP)

[Jestiron]

I don't ever,(well rarely ever), make guesses or "predictions" about such things (including PPS). There is no reason for me to guess at such things.

But to answer your question. I suspect that the FDIC won't have to settle unless Goldman Sachs steps in, in which case I won't care if they settle with the FDIC tomorrow or in two years.

Besides...a settlement, to me at lease, PRESUMES that the process of court will not need to be completed from beginning to end in order to end this debacle. A settlement or buyout could come tomorrow bypassing all the legal nonsense and red tape.

Perhaps is is simply the wording of your "settlement" "prediction". The full process of the law may take +/-18 months...ALL of it... But a settlement. No, I don't think so.

You estimated 13 months till a settlement with the FDIC (July 2010), and I simply disagree. Now, A jury trial as requested with discovery, Bair, Dimon, Bernanke, Paulson, OTS, JPM, the FDIC and all other depositions and rulings,..maybe.