Mr Cooper Group Inc (COOP)

[tcr7309]

stocks, you are so right. early on in the kkr partnership I thought it was not feasible for kkr and citi to dump 600 mil in a wmih account just to collect fees but not so sure now. It will be very interesting to see how much was drained to pay fees for the failed m&a.

this is starting to stink more and more.

I know m&a a little bit through bain capital and a deal they worked on that i was part of.

There are a lot of deals out there, the bain deal I was involved in was 250 million acquisition of a sub of schering plough. from start to finish it took about 2 months from beginning to end to complete.

wmih comes out with the 8k stating oh no, we tried to buy something but it fell through. they should be working on 5 deals at a time to chose the best one. the deals are out there.

this is starting to seem like a pinky scam, oh, we tried to make a deal but it fell through at the last minute. Sorry, to let you know it cost 20 million in fees but didn't close.

all imo