Replies to post #167551 on Mr Cooper Group Inc fka COOP

[SlyOne]

There are too many variables with too much not in anyones control on these boards.

IMO: Realizes that for JPM, fri is a tell. They need to walk through that door with best neg skills to bring down the number. After knowing what THJMW decides, then they can juggle the risks and look for an exit out of this snafu.

If they do make an offer for WMI, what happens to WMB bondholders? This is a thorny issue. JPM would want to keep them out of the formal takeover agreement. Also, dont expect an offer greater than 15% of JPM marketvalue coming from JPM, so JPM can avoid needing a vote and getting approvals from its shareholders.

Addtional, there so many continuances that this in all likelihood wont be solved @fri 11:00 am. Look for another session in chambers, with not so sweet chamber music coming from F'DIC. Do hear crying? I would expect many sour notes coming from F'DIC.