Replies to post #119870 on Mr Cooper Group Inc fka COOP

[Jestiron]

LOL WELL THERE YOU GO! You are on the ball fsshon!! WOW!

[fsshon]

Does anyone have the visitor/listener sign-up list for the hearings in Del for the last couple of hearings, especially the one in Oct when the FDIC said they would seize the money. I have a feeling SEIU is behind the delaying of TPG getting paid in this deal. If you go out and search the internet for TPG, WAMU, SEIU you get some interesting info on how Andy Stern feels about TPG. Andy Stern (Obama's WH visitor 22 times since taking residence there) of SEIU was not happy with TPG taking control oF WAMU. However since the approval of control, Bonderman did take over, which support smy theory. We might have a true DAVID (TPG) and GOLIATH (Government) fight on our hands. THE COURTS SHOULD give TPG the edge here. Bonderman retained Weil probably back onSept 8th after TPG knew the regulators were coming. When did the money start getting moved from WMB? We can put this together. We already know he fired Killinger and was after Rotella, I will find more info to support this.. Here's the angle.

The federal government took down WAMU because it was deemed an evil irresponsible bank. TPG injected over 7 billion into WMI to help prop up the bank. Most of the money was never spent, it is the deposits! (IMO). Bonderman assumed control of company after vote was approved. Bonderman fired Killinger and set about trying to save the bank but was forced to put WMB up for sale WMB for 8 Billion. The TPG deal was not good for WMI, but never the less we should not be concerned with that, we are concerned with TPG and its investors like Basswoosd getting paid for their investment in COMMONS! If TPG and crew own 50.2% then we're GOLDEN here, because whatever they get paid per share, we get paid simple as that. None of this nonsense about pre-seizure/post-seizure shares. Sorry for their loss if they sold, they can sue JPM in a class-action.

Bonderman is the KEY here! Andy Strern is in BO's pocket and we have a real fight here !!Did SEIU have 1.2 Bil in WAMU deal and if they did, they why was Andy Stern harping on TPG/WAMU? Big Question his article came out on Sept7th. What happened on Sept 7th? I can't remember, but it was pretty big whatever it was. Maybe it was the phone call from JD to Shelia. the 7th sticks in my head.
Any help !!
~Fish~

[dmceng]

fsshon

Are you intimating that TPG owns a majority stake in WMI?

TIA

Take Care
David

[knick]

big brother is trying to spin on this one seiu is in bed with politcal party in power now

[ILVMNY]

This is very interesting DD you all have pulled up concerning the commons shares. What is the connection with Stephen Lerner, Director of the SEIU Private Equity Project? What is his interest in attacking TPG?

[Bizreader]

It's possible that someone with considerable influence is trying to stack the legal deck against WMI because they took private equity and money from the Chinese to stay open.

It's a bit like the kettle calling the pot black but it happens.

Someone, such as Paulson, thought he had to do something about that and he helped bring WAMU down, in a very messy and botched manner, implicating the FDIC in the fraud, misrepresentation and illegal seizure of WMI property. He may have thought he was doing something good for the U.S. banking system; helping JPM look solvent and punishing the West Coast banking titan for using Chinese money.

My opinion? There was a better way to do that! lol