Mr Cooper Group Inc (COOP)

[tcr7309]

desperado,

Watch what happens over time. Susman sold out, NO LAWSUIT AGAINST FDICK OR JPM INDICATES SELL OUT. He doesn't care about escrow holders, he got us the 6 billion nol's and shares in wmih plus escrow markers for a little gravy if some pittance of assets waterfall down and served on a silver platter.

He met his objective, probably didn't tick Rosen and Weil, Gotshal off to much and probably didn't tick jpm off at all. So it wouldn't surprise me that his lack of effort in getting the holding company assets back is very calculated with the intent of building a relationship with jpm and maybe even Weil. It's all about relationships and to get jpm business selling us out may be what it takes. We create no value for him at this point but not ticking jpm off could help his firm down the road.

I have explained several times what the objective of an ousted bod in a bk is, THEY HAVE ONE OBJECTIVE, SAVE THEIR AZZZZZ AND STAY OUT OF LEGAL TROUBLE. So they could care less with what happens in the bk. It happens all the time, not only that who is an ousted bod going to care about, some wamu shareholders. They may care about bond holders or even hedgies because they may be looking for jobs or other bod roles in the futures.

Show me substantial billable hours by susman over the last 3 years and then we can talk. Do you think that without pressure the fdick or jpm will work for the benefit of escrows, NO, so if susman is not billing, then who. Those assets are not going to come back to escrow by themselves.

all imo