Replies to post #131810 on Mr Cooper Group Inc fka COOP

[linda1]

There has to be a time when the company emerges from bankruptcy and so it is seeking to be solvent by that time.


Remember there is still the lawsuit in DC against the FDIC that has the largest claims and it may be that the commons may have to wait until that lawsuit is resolved.


Or if an EC is formed the commons may get some new stock in the new company.

[gandalf48ct]

I think the larger picture of the tax issue is that ...the entire operation was more than SOLVENT when it got raped, pillaged, stomped on, and left for dead in a dirtbank...compliments of all the criminal elements and tactics. The news slowly spreading, yet not hitting the streets under a flashing flourescent banner..is that settlement is inevitable. IMO

Personally, I think settlement...to some degree is inherently a compromise of BK law as well. The load that is sitting in the lap of THJMW....and unless some elements of this settlement are not brought to "judgement"... IMO..will ultimately allow a similar sort of condition, as the WM situation, to be played out once again ..down the road. BS!!!

This thing needs to be played out in the courts...in front of every single citizen...and make these low-life, greedy, scumsuckers sweat their pompous, arrogant arses off...on TV...in high profile...and lastly and unequivicolly to establish our rights once again with unyielding authority....I say they can stuff settlement right where the sun doesn't shine...and mandate a total reconstruction from the ground up on the laws that govern and protect our interests in our our own institutions.....

I want $25.00/sh.....

screw these ba78ards to the wall!!

Oh yeah....Happy New year all!! :)

[DanBB]

I don't think we need to be concerned about it. These are pro's handling the BK. WMI will exit BK when they want to and not before.

[MasterBlastr]

A company doesn't suddenly pop out of bankruptcy when equity is positive. Pilgrims Pride (was PGPDQ, now PPC) exited bankruptcy this week and shares listed on the NYSE at $9 immediately. In fact, they were equity positive the whole time.