Replies to post #136763 on Mr Cooper Group Inc fka COOP

[jhdf51]

So if JPM settles it sounds like we have a chance of getting very little as opposed to pushing this into trial. Of course EC could say we want more but what power do they hold to get more? There is still the chance that TPG has enough power here to want their $8+ investment back, but if they are heavy bondholders then I don't trust them as well as Weil and the other court jesters.

Wow..this gets more complicated.

...then of course we have Diamonds' theory that it is all smoke and mirrors now and the final dust settling move will be an offer of 2X value plus!

[fsshon]

That is not the case here. This solvent company was taken by the force of the Government agency. The people who worked there, lost their jobs and the investors lost their shirts. Now it is apparent that some collusion and criminal activity may have been performed and planned to make the government shaky and pull the trigger on WAMU. Before seizure Equity owned a company that never should have been seized because of its solvency, then $$$$ will need to be paid to satisfy in full all shareholders. JPM has stated over and over that WMB was solvent ( of course they said this in their interest, those greedy you know whats.)

TPG was guaranteed $8.72 for their commons, I don't think they will take less than that plus 2 years of interest. Their reputation got injured along with their investors and they need to make it right!

If any of you have ever recieved emails from Joyce or any of the other members on the EC, you know that she and others interviewed many shareholders who LOST their pensions, retirement savings, college funds, homes, cars, and LIVES! She is well aware, because she interviewed and talked with many of them through their ordeal, so if you think she will bend, then you are not that aware of who she is as a person. She is a retired Military Officer.

It's like I keep saying: 2010 is going to be a GREAT YEAR!


~Fish~