Mr Cooper Group Inc (COOP)

[fsshon]

Ok I am going to put some conjecture out there (quite long), so stay with me and we'll see if you guys/gals are thinking like I am..

Here's the question.. What if the Sealed Document that Susman team had in their possession proves beyond a doubt that JPM has been using shadow companies to acquire the common shares of WAMUQ and in return picking up more than enough shares that substandardly violates the Court's order or gives them majority ownership of shares? yes I know TPG supposedly has 50.4% ownership and is quieter than a field mouse with a hawk overhead..

Now think hard, what happened on March 12th (5 minutes before Rosen spoke) that tanked all the stocks in unison. JPM and Weil knew of the Settlement. Friedman met with Rosen in hallway 10 minutes before Rosen spoke, who did she call after getting Rosen;s approval. EC publicly said they did not have a clue of settlement..Who does Susman represent, who is his client.. The EC right? Who is the EC? They are representatives installed by the UST to represent the interest of equity. Now what documents would Weil/Quinn be stupid enough to willingly hand over to Susman as part of the meet and confer and the "work product" agreement? Susman team may have been given just enough shareholder ownership info that Weill had to obtain for the UST in Dec, that proves JPM (through subs/hedgies/funds) orchestrated the take down of WAMU shareholders on March 12th through the use of controlled hedge funds and investment companies that have controlling interest over.

How can you prove this? You do it with the info that was released by the debotors in Dec that was from the Transfer Agent. Exigent circumstances that required a 2 hour chamber meeting, would be a questioning of all attorneys if they are knowledgeable about JPM's activites in share acquisition.

JPM attorney's at the last omnibus were as quiet as a librarian. You see this does not jive with their M.O. They have been fighting the Examiner tooth and nail and then on the day to argue and make a case to the judge, they do not even approach the podium. Stacey Friedman was not even there !!! Sacks was, but not "loud mouth/unsrcupulous/conniving Friedman!" That to me is a sign of what happened, something tells me JPM is in serious trouble. Friedman may have had knowledge and will need to hide behind "attorney-client priv" or she might have called the "trigger puller."

So who owns the majority shares of WAMUQ? Is it TPG? Is it a Hedgie that JPM controls? Is it a Shadow Company or companies that JPM controls? You see, Chase and JPM are the worst and most dishonest managers and bankers in the business. They would sell their grandmother to make a buck for Jamie and his BOD. What is going to keep them from trying to steal the company by shareholder proxy vote? Install the Board members they want and approve the GS in Dimon/Bair favor. Who was buying up the shares at the bottom on march 12th? we couldn't get any until .13 and on the preferreds, Good Luck !!


Look at what THJMW is saying here.

With respect to the issue of the shareholders' meeting, I will continue that to September 7th as well. I think that I need more information as to whether or not that should proceed on a dual track... or a triple track... with the examiner and confirmation process. If I am convinced by the examiner's report that the process should continue to confirmation without a shareholder meeting I'll consider that strongly in my decision on the Equity Committee request for that.

She already said "shareholders can have governance rights in BK" Why is she now backing away from that? Maybe THJMW knows now that JPM is going to win either way in the confirmation process and does not want to allow shareholder meeting until the Examiner gets to the Transfer Agent and runs down the share transactions.

This could very well be the "smoking gun" she was referring to. Look anyone with half a brain can see that shareholders got shafted on March 12th, the clues need to lead to who it was that was doing the shafting.

I have a feeling JPM is now in some serious BK fraud trouble and THJMW wants the Examiner on a "double or for that matter a triple track!" There is a COI (Conflict of Interest) here, I feel it. JPM using the BK court for its own purposes/gain is not necessarily illegal, but if done through Weil/Quinn etc.. It is a COI..Manipulating a Stock with insider knowledge is very ILLEGAL!

Something tells me the Susman team unearthed a document that holds holdings info. Examiner is on the way to the TA's office ASAP. It should be in the Sept 7th report. If this stock is compromised, Susman has a dilema on his hands. This is why we want a Cusip/Name change on stock, so it will all be called in and TA can get accurate and current info on ownership.

Ilenes I think this is where we need to head to in the letter to THJMW. We have to have accurate accounting of shares. We have to call in the stock.

My nose itches !!!

~Don~