Replies to post #160883 on Mr Cooper Group Inc (COOP)

[td31]

what's the point of even talking about it now?
Really all this comes down to is will we get something or not

[fsshon]

I am so glad you are not on the EC !! Thank God we have people on there, who understand what Value of a company is. Your pessimistic view of this "is way off" and has always been "way off" since I have been on this board.

JPM offered $8 PPS to WMI in March 08, the same weekend they offered $2 for Bear. They also reiceved 30 Bil from the US Taxpayer to make the Bear transaction happen. They were supposed to get WMB then, but they got beat by a Guy named David Bonderman of a very power Private-investment fund called TPG. Mr Bonderman and TPG investors still own the 50.4% of the company they purchased in June 08. As soon as that purchase was completed. JPM still tried to get the FDIC to give them WMI on JUly 18th they made a new presentation to the FDIC that included 14 Bil for Equity, WHY DON"T YOU READ THE DISCOVEY DOCS!

Not sure why a "bank run" started right after wards, but I have my theories! a very pessimistic investor SHOULD NOT BE IN THIS STOCK! It is for an optimist. If the Volume holds up next week, you will have ample opportunity to reclaim your loss, I suggest you take it, because it is a good idea.. $1 by Thursday if we are still here "blue sky" coming folks !!

[Jestiron]

See, this is what I have been saying. I believe many people try to "apply their own scale" on these settlement values. Yes, these settlement values are INSANELY LARGE amounts of money, but when you look at them from a retail point of view (scale), these numbers APPEAR INFLATED or IMPOSSIBLE.

If you think $40 BILLION dollars is outlandish, please try to remember that JPM/FDIC stole WAY WAY more than we are discussing here as a settlement! What about THOSE numbers? When JPM/FDIC started this debacle, you can imagine them saying: "Gee, we are going to steel a company worth $300 Billion dollars from these guys!" That is ALSO Billion dollars with a B!

So,...I guess my point is this:
If JPM/FDIC STOLE "Billion[s] of dollars with a B", why should WMI not expect reparations to also be "Billion[s] of dollars with a B"?

Good Luck C!

-AJest

"On the whole, it is patience which makes the final difference between those who succeed or fail in all things. All the greatest people have it in an infinite degree, and among the less, the patient weak ones always conquer the impatient strong." - John Ruskin (1819-1900)

[dmceng]

climberprof

You have been here as long as me. Realas and sell the roses. The opponents in this war JPMC and FDIC are now in defensive mode. They are back sliding and looking to resolve all issues asap and cover all bases in the process. They will take $24/s and run with it all the way to thier stockholders(JPMC that is). No BS just the facts. You have been keeping up with all this. I know you have.

GLTY and GLTA!!

Take Care
David