Replies to post #437840 on Mr Cooper Group Inc (COOP)

[Large Green]

GO4, yes, I remember these actions as if they were yesterday. If the truth be known, a rough outline of the case was included plus a type of ending that would force AAOC and others into a settlement during the infamous chambers meeting. How? That is easy because JPM, AAOC got into a huge legal fight in 12/2009 accusing each other of illegalities with JPM accusing AAOC of insider trading.


So, the court set AAOC up with an insider trading trial with court transcripts, found them "Colorable" which is basically guilty and then they made an agreement including equity in two months of court ordered mediation and the rest is history.

[knick]

Go I was at the previous hearing sitting next to LG and have listened to every hearing. IMHO Think that Edgar and Co did a great job and got us what they could in the face of a Judge and powers that be. I believe she's less than honorable and let the status quo get away with robbery and gave us enough to shut us up. I also believe that someone got to our examiner who was touted and vetted by this board and pronounced a animal until his report came back it read like Rosen wrote it himself. I would love nothing more than to see a quarter of what numbers flying around this board come back to us but truth be told no one was ever afraid of the truth coming out or going to jail status quo. I'm looking forward to seeing WMIH grow and prosper and still want to kick myself for not selling when I was 300k up. IMHO I'm not selling or giving up I learned a lot from some great posters here and wish us all good luck.