Replies to post #148080 on Mr Cooper Group Inc fka COOP

[beulah]

Yanik, while I agree with much of your post, I don't see the mainstream media turning up the heat. The street.com does have its following, but I don't consider online media as mainstream when compared with TV, major newspapers and radio. Online media and blogs give some exposure, but not the mass media which would be so helpful here. The only print media that I have seen cover this with any consistency has been the excellent, very courageous annd tenacious reporting of Kirsten Grind at The Puget Sound Business Journal, who is to be strongly commended. IMO she is one of the great journalists in America today.

[rramirez82]

I'm not sure if I understand the question but it seems to me as though the FDIC is concerned with Congress making an example out of the WaMu debacle as the investigation continues and the media becomes more aware of what really happened. I'm not sure exactly how much of an impact these events are having on the FDIC's position within the core proceedings, but I have to believe the events are motivating them to settle. The last thing the FDIC wants is a judicial decision holding that the FDIC wrongfully transferred assets to JPM in its seizure and sale of WMB.