Replies to post #36756 on Mr Cooper Group Inc fka COOP

[dmceng]

docwied6902

And the common shareholders should also come out of this with something,Wouldn't you agree?

Take Care
david

[WaS]

That's why they want the tax return as well... it's a long term thing. Spread over 10 years?

[hail2me84]

hmmm these things seems to favor those who said there were "big boys" buying this up. may have actually been happening if they are asking for the protection. Could mean something.

[catman26]

WMI is large enough to go out and buy a local nw bank after they have restructured. They have all of the infrastructure and talent. There are about 8000 banks in the USA and many of them are in trouble. WMI comes in and picks up a 10-100 unit banking arm like West Coast Bank and we are back in business.All of our shares are in tack and the we are green and growing. JPM changes the old WM signs to JPM signage and we change our new banks signs to ours.

[traderdon]

docwied - I think so also. Seems like they will not accept a buyout offer unless it is REALLY GOOD IMO. And you are correct, at least, they seem to be lining themselves up for pulling out of BK and doing this on their own!

[moores2009]

I guess that makes sense, because if they were going to sell off the assets and disolve the holding company they probably wouldnt care who is accumulating the stock, because it would end up being worthless anyway.


Posted by: docwied6902 Date: Friday, October 31, 2008 10:44:01 AM
In reply to: traderdon who wrote msg# 36755 Post # of 36788


IMO they have positioned themselves perfectly. FOR WHAT. TO come out of this BK process and Tell FDIC and JPM to f off. They asked to be protected from large block buys of stock. Why. To protect from takeover. Why. Because they are coming out of this thing. That is why they want the 4.4 B. That is why they ask to be protected from huge buys. And that is why they hired big time lawyers and a restructuring company. One way or another. The holding co is going to come out on top. Just my O.