Replies to post #132348 on Mr Cooper Group Inc (COOP)

[daryl1688]

Alright settlement!!!!

[old_schooler]

The only ones that will be liquidated are JPM and FDIC lol.

WMI is to be reinstated with damages.

As you you will recall, WMI is not in liquidation. WMI asked for protection from the FDIC and JPM.

[popcorn202]

More interesting was PCD 19 in that document which stated that FTI prepared a summary of the Net Tax Refund and Carry back which are due to the WMI Estate and presented it the the Committee.

[Dragynn]

Only nine more days, until Jamie Dimon has to sit in front of the committee to investigate the financial meltdown, and explain his actions. There are already multiple parties mailing the committee reams of information on the Wamu case, including articles showing complete redaction of documents filed under the FOIA, and the VERY damning facts uncovered already by 2004 discovery.

IMO we are days, maybe hours, from this case hitting center-stage, and becoming the largest financial scandal in history. This will be the s**tstorm of the century. Any deadlines can and will be changed by significant material events, ESPECIALLY any criminal activity that comes to light.

[popcorn202]

Yes, new stock will be issued and listed as WMI to replace WAMUQ and Bond holders will be paid dividends and provided new maturity dates. IMHO

[bluebird50]

So the liquidation would be taking all the proceeds from JPM and FDIC and putting it in an account at Wells Fargo in behalf of WMI.

Now an EC is being worked on.....
I like the big picture here...
Things are coming into focus....

That's a wrap johnny - thanks for the help.....

Oh How is Florida? Been a little chilly lately.....