Mr Cooper Group Inc (COOP): Bankruptcy Data.com put out an article t...

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Re: WaWaW post# 181721

Monday, 03/29/2010 9:13:11 AM

Monday, March 29, 2010 9:13:11 AM

Bankruptcy Data.com put out an article today stating WAMU had filed a PLAN,and the preferreds and commons would be cancelled.For a first round of negotiations,does this suprise anyone? This is a "plan"-nothing final,not approved by the judge(sure as hell not by FDIC)-to me,this is a chance to load up on some cheap K's.

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