Replies to post #685748 on Mr Cooper Group Inc (COOP)

[PickStocks]

Great post… yes very funny

[tzebedee]

Seems so long ago..... times have changed so much..thanks for posting, AZ!

[STRIKEEAGLE]

I already posted this earlier today... article from Reuters... LOL

And... LOL... no actual specific bid amount... LOL

IMO... the top brass at TD just might have wanted to place a bid for WAMU... but were told... "too late, JPM beat ya to it". Door closed!



FACT, STRIKE

[BBANBOB]

YEPPERS PRETTY LAUGH OUT LOUD FO SURE.

Thanks goes out to the BP poster that gave me this this am

Let's JUST SAY HAPPY EASTER

TD Bank and the $30 billion is mentioned in the Final Report of the Examiner.

http://online.wsj.com/public/resources/documents/WM-Examiner-Report-pt1.pdf

Starting reading from PDF 59 of 206 but specifically 62 of 206

"A second “go it alone” alternative involved pursuing all of the elements of the first alternative, as well as pursuing a strategic transaction with TD Bank. WMI would sell its East Coast banking branches and deposits to TD Bank for approximately $30 billion, which would raise cash but also reduce deposit assets and borrowing capacity. However, it would contribute bank capital to WMB. In addition, TD Bank would buy $500 million of preferred stock in WMB and provide WMI with a $5 billion line of credit for eighteen months."

[xoom]

Hi AZ, BoardPost wants you back. Please be kind enough to accept the invitation from PlissKen.
TIA