Replies to post #137789 on Mr Cooper Group Inc (COOP)

[Dragynn]

Good question Uzual, but the tax refunds are already known, 3 billion was before the NOL passed, it's now up to 5.6 billion I believe, but more importantly, there's 6.5 billion of capital contributions that aren't previously listed, is this a new claim for WMI against JPM?

[fsshon]

Usual: Remember when Jest played that out. He said it was near 5.6 Billion in tax Refunds.

http://www.wamurape.org/wamurape.aspx?g=posts&t=535

On this post over at wamurape, Joyce, Mike are in a conversation in jan 09. It was immediately after the UST had denied the first EC request. I didn't even know about wamu yet, but I can see how both of them feel. Once the EC is approved, we are in great shape.

If the market values an EC (like in Trump) getting the shareholders at least $2 PPS. We should go to 60% of value quickly and then slowly trend sideways and little up, until the MOR tells a different story. IMO

~Fish~

[fsshon]

So if WMI contributed monies to the prop up WMB and the monies can be proven to have passed through the corporation to the banks and the corp did not get any value for the contribution, then legally they should be able to regain the money they invested.

What this document is showing is the amount that the corp contributed. We will see a full fledged argument for return real soon. This is good news IMO!

~Fish~