Replies to post #103910 on Mr Cooper Group Inc (COOP)

[unevilfavouredness]

If one tenth of that hypothesis is accurate, we're all going to be rich. Happy Tuesday folks, that's how we're going to remember tommorow. Morey's Tuesdays are going to seem boring and obsolete after the news of tonight breaks on tommorow morning's daylight. Huge news is about to come out that is going to reshape the way financial and legal teams operate their companies from here to the end of time.

Just know this my fine fellowed friends; Washingotn Mutual is a bank, and corporations can now endorse political candidates, so Wamu can endorse a political candidate. Everything just changed.

[linda1]

Here is an excerpt from an article dated Sept 2008 that says WMI's only debt is about 6.4 billion owing to bondholders.


Is this correct that this is the only debt owing by WMI?


And what about the 12 billion in back taxes that the IRS thinks WMI owes?


Anyone's response would be appreciated.



The Bank of New York Mellon Corp., trustee for more than $6.4 billion owed to bondholders, is the only creditor noted on the bankruptcy filing's list of WaMu's 20 largest unsecured creditors.

[Macallan]

while its exiciting to read the numbers, Not sure how easily JPM will yield to 52 Billion $$.
I personally believe this case has a long way to go before we seem some serious $$.

sorry for being such a party pooper.

Just out of curiousity, are other liabilities from WAMU's Mortgage unit being borne by JPM??
or is WAMUQ responsible for that??

[Cashbuilder]

I agree with Billiam 2, check wahuq

12 months ago and how it went from .01 to $9.70 a share in just 11 months time. Wamuq will survive and when it rovkets like its sister stock wahuq, you could stand to be in a very profitable position if you load up now....

Nash

[r3algood]

If this was going to fetch $10 a share soon, dontcha think there would be some large funds loading the boat? Is it just a bunch of penny players that are in on this info? It doesnt trade like you guys are about to make 10000%

[TheFinalCD]

$12+ is a safe bet. Most of the legal analyst's both boards put it at around $24/s

ARE WE STILL SHOOTING FOR THESE #'S
OR NAH!!!

http://www.marketoracle.co.uk/index.php?name=News&file=article&sid=13894

WHATS THE CURENT CONUNRUM HERE???