Replies to post #71551 on Mr Cooper Group Inc fka COOP

[Bizreader]

There is one thing to consider. WMI managers probably want to remain living in the Northwest. LOL

[cents2ks]

while I tend to agree with most of what you said, i would say that you are just a bit pessimistic, wamu did care about it's shareholders they turned jpm down @ $8... they wanted more...

some companies do remember that those commons do represent the capital that allowed them to become a major player.

[fixedops]

Billions in NOL"s $

[islandcat]

If they get thru the lawsuits and loose with no settlement, then yes, the commons IMO can possibily be canceled......is that what you want to hear? With that said, that is a BIG "IF" also JMO.

[dmceng]

the penny guy

It aint that easy. Politics come into play here. You just don,t disrespect a major power and getaway withit . There would be payback and repercussions.

Take Care
david

[Jestiron]

Can we determine still what percentage is owned by insiders, or is this information likely inaccurate now?

To me, that is the first question. WHO, of the insiders (that are left) are still holding? and how much?

[BigWill]

That is a very strong question. A modest anwser from me is, when they screw all the current share holders, and TPG and fxxk confu. Who will buy the new shares of a company who just ding all their loyal share holders who stand by their side when they were down?

[fsshon]

Penny check this out
Bidders for BankUnited Financial Corp. are asking federal regulators to put the company into receivership before selling its assets, a step that could wipe out shareholders, Bloomberg News reported Thursday, citing unidentified people familiar with the matter.

It is true that it is not always the FDIC that is bad. This article proves that bidders (i.e. JPM) want the FDIC to put a bank into receivership, so it will wipe out the shareholders.

This is where the part about GREED comes in. I mean hell if you don't have to pay the shareholders and can basically steal a bank, then why not.

Look at the bidders, they only care about their shareholders, but remember. WHAT GOES AROUND< MUST COME AROUND! and bite you right in the butt!

Bloomberg News said Thursday that the Kanas team includes Carlyle Group, Blackstone Group LP, Centerbridge Capital Partners LLC and WL Ross & Co., to which Kanas is an adviser. Other potential bidders include private- equity firm J.C. Flowers & Co.

New York-based Goldman Sachs Group Inc. (GS) is weighing a bid with Toronto-Dominion Bank (TD), Bloomberg also reported, citing unidentified people familiar with the matter.