Replies to post #711574 on Mr Cooper Group Inc fka COOP

[juicyjuice10002]

Same applies to Lehman and possibly FNMA

[BOBBYEA]

Now, this is a post that makes good sense… though it makes LG’s 7/21 date seem too soon…

[Bizreader]

Would have been good to hear this fifteen years ago.

[Nightdaytrader]

Boris, on the flip side, if the hedge funds wait till sept and for statute of limitations to expire, and then nothing is distributed, can hedge funds still sue if statue has expired?

Nd9

[PickStocks]

So if they make a disbursement before the 15 years….the bankruptcy can be reopened and litigation can be made from other entities…..really……

[Boris the Spider]

Thanks to the statute-esque for your comments.

I don't know if my theory is right...we've had thousands of them over these 15 tough years. They come and go like a puff of smoke. Nothing ever happens.
Yet those of us who have dug into this know there is money, somewhere. I have my opinions as to what happened to the hundreds of billions, all for a paltry $1.88B. I won't express them here for obvious reasons...but the levels of corruption in this case are staggering. Our country is a mess! And they get away with these things over and over.

But the money is there, at least the $30B which is VERY liquid and ready to move.
I find it implausible that hedge funds who invested billions, just walked away with their tails between their legs, saying, "Oh damn, too bad, we lost a lot of money for our investors!"
No way. They know what's to come. So do the UWs, who knew more than anyone what was behind the curtain.

So where do we go from here? I wish I knew. But I will say this. Something will happen this year. No way will the perpetrators get away scot free. They may walk away with a lot of it. But they won't get it all. And for those who did this to WAMU's shareholders and employees, know this: There is a such a place as hell. You will pay for your deeds, one way or another. If I were you I'd make it right here...rather than when you meet your maker and get your life review.

Good luck to you all. May justice prevail.

[Boris the Spider]

Bop agrees with my statutes theory.
She contacted a friend on BP who forwarded her my theory.
She agrees with it, and said we Will get paid. Not sure of the when, but we will get paid.
Believe what you wish.
But remember this. She is a bk attorney and worked for jpm, so she has more connections than anyone.
She says she has a source. Why would she lie about that?
She stated it publicly knowing full well that everyone knows who she is.
The rest of us hide in obscurity behind our secret screen names.
So I give her a lot of credit. She has guts, regardless of what you might think or say about her.
As for the markers being deleted. Puleeeeze! Those escrows are etched in stone in historical records. They are not gone! The markers were for the LTs use, period. The escrows never went away, so please stop with that nonsense.
In closing, is bop right? Am I right?
Time will tell. After 15 years we are still in the ball game, and that's huge. I like our chances.