Mr Cooper Group Inc (COOP)

[Boris the Spider]

BP is all abuzz about new escrows coming. Lets hope we are right.
And COOP issuing new Ps for any assets required makes sense. Some would just cash out but some would hold their Ps and Qs...
Or do a mix.
Libor could be our key to the kingdom.

CSNY/Alice Griffin, Bankruptcy Attorney - I can't disclose any more. Suffice it to say I related much of what I was told, and I believe what I was told was accurate.

That said, and despite the fact that WMI's claim to the assets was unassailable, I was cynical about timing. To people here, the SNs and major banks (e.g., Jamie Dimon (I believe he and, possibly his lieutenants, bought WMI securities before the release deadline in 2012)) seem omnipotent, but I never believed that. I kept it to myself, but hoped rather than believed distribution was 'imminent'.

At this point, my surmise is the players have threatened anyone found to leak anything with professional ruin. Anyone who knows anything is paranoid. There will be distributions (multiple, in my opinion) but no leaks.

Again, I expect LIBOR first, and an announcement there could happen at any time.