Mr Cooper Group Inc (COOP)

[PutYourWatchOn]

Couldn't agree more... I think we are all somewhat concerned at this point, but remember we have an EC now unless the judge says otherwise. Our interests will be represented. We wouldn't be here right now if they hadn't done what they have. According to the MOR and the recent news with NOL's and what seems to be an obvious conclusion to the SJ, at least prefs are in the money, pending outstanding claims against WMI are thrown out.

I can't help but wonder if JPM stated in negotiations that a requisite to them signing anything was for Weil to oppose the EC just so that they can come in and "offer" an amount that will satisfy all the equity to some extent making them look like they were trying to do the right thing.

Who knows...