Replies to post #194112 on Mr Cooper Group Inc fka COOP

[Zilla]

Great read and it's about time. eom

[alexander77]

"Economic conditions often necessitate quick sales, but protecting creditors’ and investors’ rights must also be on the mind of regulators, she said."

I like that part

[MoneyMakesMoney]

That is definitely in favor of us, awesome. eom

[Bizreader]

Sheila Bair has stated several times on TV that investors are supposed to take the biggest hit when a bank goes down. However, the SEC doesn't fully agree according to this artilce! http://blogs.wsj.com/bankruptcy/2010/04/30/sec-attorney-scrutiny-of-chapter-11-cases-increasing/

How about the ownership and management taking the biggest hit and the shareholders on even ground with solid proofs of claim?

eom

[jimmyturbine]

You mean the SEC has lawyers? And if so, will they do some work, maybe get to some real truth? Gosh, I do say that would be a wonderful maybe delightful! Just splendid news and I will emancipate with a feeling opulence.

Thank you for the great news!

imo
jimmy