Mr Cooper Group Inc (COOP): Can we all agree that if old Wamu equity...

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LuckyPanda

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Friday, 04/15/2022 5:55:43 PM

Friday, April 15, 2022 5:55:43 PM

Can we all agree that if old Wamu equity does not get compensated with remote bk assets by the end of the year, then we have been robbed?

I truly hope we hear something by May 2nd but if nothing comes up, I will patiently wait for this to end of 2022. If nothing comes to escrow by Jan 1st 2023, I will then safely assume that we have been robbed. Maybe the hedge funds somehow made an under the table deal that retail is not privy to.

I am 100% positive that the hedge funds did not fight that hard to POR7 just to sign away everything for a measly $200M payout with WMIH. $600M if you are Tepper and cashed out at $3 years ago.

If retail gets nothing after all these years, then it is 100% plausible that the hedge funds cut a deal with JPM and FDIC. Maybe they are getting a kickback on other financial deals like cheap financing through JPM in exchange for letting retail die on Wamu estate.

Maybe they gave up $30B on Wamu in exchange for cheap financing during the last 14 years from JPM. We would never be able to prove it and they would have been able to rob us "legally".