Mr Cooper Group Inc fka COOP

[climberprof]

This is a question that I keep asking to myself too.

What is the purpose of those 4 law firms that WMI hired and what is the purpose of the law suit they filed?

Is it to get some money back from FDIC (and/or JPM) to pay the creditor's of WMI ONLY (then commons = us get screwed) or they are trying to get something for the commons as well?

Another question, if the TPG is still holding millions of common shares, why not there is a representation of the common share holders in the BK court (I think only WAHUQ has a representation if I am not mistaken)?

Too much thinking on late Friday.

Any ideas?
Best
Climber

"Sounds good, but I believe I read somewhere that the suit had grown to over 175 billion. That could be unrealistic but with in the realm of possibilities. Now the question becomes does WMI mess over TPG and other investors in the common stock or do they continue the fight and try to pay off every one and have some left over to start anew. "