Replies to post #179112 on Mr Cooper Group Inc (COOP)

[Kristallweizen]

The judge nows, so does the EC. So far our side just keeps watching closely. Like boxing, Rosen is air punching we wait for the right moment then BOOOOOOOM knock the f´er out!!!

[Zilla]

So true Seth so true. We'll see what happens in the end, but I'd expect in MOST situations that if the THIEF still had your "stuff" you'd be able to not only recover your stuff, but also seek damages.
Give us back EVERYTHING. Give us the money they made off of our stuff. Then they can go to JAIL, and then we can sell ourselves to Barclay's for a premium... :)

[hestheman]

IMO they do not plan on settling until the last minute and they will use the ill gotten gains to fund a big part of the settlement. If they waited for the Judge to rule and she rules against them, they would have to pay not only the amount the judge rules in favor for us....but they would have to hand over the ill gotten gains as well. In a settlement they would not have to do so.

[maekuz]

The brief of AMERICAN NATIONAL INSURANCE COMPANY is a good read. It gives you the background of the WaMu story and the scheme pulled off by JPM/FDIC.

www.ghostofwamu.com/documents/09-01743/09-01743-0110.pdf