Mr Cooper Group Inc (COOP)

[alexander77]

Since there is a question in the minds of a very few about the authenticity of statements that the Texas Action will go forward representing WMB bondholders only. And a very few doubt that WMI talked with the Texas Insurance companies. Here is the source and exact quotes.

The exact quote reads:
"Plaintiffs continue to contend that they have standing to assert all of the claims asserted in their Petition, and are prepared to argue that issue to the Court. However, in light of the recent representations made by counsel for WMI, Plaintiffs believe that it is in their best interest to avoid the delay and expense inherent in litigating the standing of WMI bondholder and WMI stockholder Plaintiffs in this forum and in the United States Bankruptcy Court for the District of Delaware, where the WMI bankruptcy is pending. In addition, Plaintiffs have now sold the WMI bonds that they described in the Petition."

Paragraph #7 on page 3 in this document: http://www.ghostofwamu.com/documents/09-01743/09-01743-0105.pdf

I copied this from yahoo finance

I'm starting to change my mind now that maybe there IS a "global" settlement of some sorts, not just only the 4B.