Replies to post #143714 on Mr Cooper Group Inc (COOP)

[Rick-UK]

I think you're right. When I originally bought WAMUQ I did it for selfish reasons, but the more I looked into the Washington Mutual story and the more I looked into the FDIC, the SEC and the "big money" corporates such as Goldmann, JPM, etc, the more I had my eyes opened to the scale and level of corruption that is out there, like the elephant in the room, right in front of our noses, yet somehow hidden from view for the average Joe like me, simply because it isn't talked about.

I'm still in WAMUQ hoping to make a profit, but I can honestly say that for me (and I'm sure for the majority of people here who bought AFTER WAMU failed), this is NOT JUST ABOUT THE MONEY. This is about standing up against something that just cannot be tolerated. It's a line in the sand. Big money corporates need a lesson, and I hope that this case will give them that lesson.

Yes, I think that with the EC supporting commons and with discovery being scrutinised by Judge Walrath, there is no longer any opportunity for the FDIC and JPM to wriggle free. I believe that there now HAS to be either a settlement (most likely scenario) or a fight to the end, with commons winning out. I do not think JPM and the FDIC will have the appetite for that fight.