Replies to post #130712 on Mr Cooper Group Inc (COOP)

[GungadinGalunga421]

ilvmny here ya go ,post from dannoninvest :It doesnt matter if Bonderman still holds commons or not. The main thing here is that there was corruption in the seizure of wamu. All classes will see money. If Bonderman dumped commons, he still lost the money that was invested in the commons. That was not only his money, it was other investors money as well. By him recouping the money via investing in bonds, there is no way that he will repay the other investors that lost money in commons. And many people would lose faith in him as well. There is no proof that Bonderman dumped, and if he has, so what. That does not mean that commons wont be in the money. Commons will be in the money for the simple ways that wamu was acquired by the fdic and jpm

[ILVMNY]

It can't be known for sure whether a conflict exists, but Bonderman knows if there's a conflict of interest or not.

[linda1]

If David Bonderman or TPG was a major bondholder would he or it not be represented on the Unsecured Creditor's Committee?


Is there any list available that someone has noticed in the court filings that state who or which entities comprise the Unsecured Creditor's Committee?

[JimsZ]

If Bonderman is big into bonds we should soon know as bondholders were notified they would have to disclose their position!!!


If Bonderman is in notes as well as commons, I do not see THJMW allowing bondholders to remove equity positions! Would be a great travesty to see the Govt removing equity from WMI's position when the real value is so much higher & WMB should never have been siezed.