Mr Cooper Group Inc fka COOP

[tanjazielman]

Great Summary of what ACTUALLY ocurred regarding WMIIC AZ!

Allow me to add that first JPM, and consequently Hedgies, would reap the great rewards that are coming from WMIIC, together with the synergy with WMIH. But that is not what happened

Thanks to Susman and MW LTI's (and thus WMIIC's assets) are soon to be 100% in the hands of us, the former shareholders, and WMIH is practically completely in the hands of former equity.

That's the real story for me, not the cover up story like what people make you believe.

JPM, Walrath, Rosen, Hedgies, TPG, Killinger and Co, Nate Thoma, MW and Susman, Doreen Logan even, knew exactly what was going on.

Did Sheila? Don't think so.

She made a big boo boo. In our favour, gotta love her.

Now We know why the Hedgies became the REAL target, instead of JPM and FDIC.

Now we know why Susman and MW hired the examiner to conduct a discovery of which the results were detrimental on the short term, but turned out to be what was to be expected and helped equity's case in the long term.

Now we know why Sheila went on her knees before Congress to pass the Dodd Frank and various other laws, to prevent fiascos like this in the future.

Now we know why WMIH reincorporated in Delaware, where WMIIC was incorporated all the time.

All of this makes sense to me in hindsight.


The planning of the future of WMIIC was a carefully thought out process, but the strategy of Susman and MW is what makes everything all just, good, fair and reasonable!