Replies to post #139149 on Mr Cooper Group Inc (COOP)

[Chiron]

Everyone knows that the 4 Billion and the NOL refund change the game here. I still feel settlement talks are ongoing, and Walrath will rule if those breakdown again.

[diamondguru-one]

Very NICE "DD" XOM !!!!

Posted by: XOM Date: Tuesday, January 19, 2010 12:57:37 PM
In reply to: diamondguru-one who wrote msg# 139146 Post # of 139154

DGO your view is shared by WMI's lawyers:

'"IF" and "WHEN" the Great Judge rules in WAMU'S favor of the $4 Billion DOLLARS it GAME OVER for the FDIC and JPM.'

From Atty. Michael Carlinsky during oral argument before Hon. Rosemary Collyer Dec. 4, 2009 :
MR. CARLINSKY: ...But a determination in the Bankruptcy Court as to these six categories of assets, frankly a determination even on the deposits and on the tax issue may resolve the entire global dispute in this case, the cases in bankruptcy and I'll knock on wood and hope that that will in fact occur. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45605832