Mr Cooper Group Inc (COOP)

[tcr7309]

really, so, shareholders had no right to sue before the por 6 was approved. no, what happened is that everyone thought susman was a god and was going to deliver big returns for shareholders. in hindsight it is easy for some to see what happened.

even though we lucked out with the dude explaining to the judge what the hedgies were up to, even with all that ammo and the judge on our side, the best deal that susman could cut was shares in wmih and an escrow opportunity. move forward 5 years and ask yourself why no news, why susman has not come out and shouting that jpm stole the assets, why no lawsuit using fraudulent conveyance to get those assets back. why no former wamu exec shouting that he knows wamu holding had billions in assets, just ask yourself why.

why, because susman did what attorneys do, he collected his fees from the estate, he did not pzzz rosen off so he kept that relationship going and he did not pzzz jpm off so he has future opportunities there. wamu execs do what they do best, cover their azz. and the rest is history.

some are just so so naive.

all imo