Replies to post #196688 on Mr Cooper Group Inc (COOP)

[Lawrence 147]

climberproof

The last hearing was not a (+) or a (–) it was simply a sadistic game the judge is now playing with Rosen. Though I have been unable to download the hearing, I have read the transcribed section that is posted and in the stickies. Read it for your self and carefully listen to the words of the judge as you read it, you will see the judge is toying with Rosen and I do believe enjoying herself thoroughly tormenting the SO$
I am not sugar coating anything here as I was just as upset with the decision at first as anyone, the fact is between the MM’s and nervous investors the price tanked simply because they did not understand.

Yes I absolutely agree her statement about WMI being investigated to death is very disconcerting and she was either foolish to make such a statement or a genus. If she decides against the Equities, it can now be appealed using her statement to show she had already determined the outcome. If she finds for the Equities, she can say, “Hey, I was all for ending this but evidence was brought up that caused me to find for the Equities”.

For now, we wait. GLTY

[barefoot123]

I know that I’m trying to find only positive things here, but anyway……

Let’s See: I don’t know whether, I’m not going to accept the debtors argument or the committee’s argument regarding delay here being a negative, I’m not sure how quickly the debtor honestly can proceed with its proposed plan, but at any rate I think there is sufficient time, should be sufficient time for the EC to conduct whatever investigation it feels is relevant. So, I will deny the motion.

I would like to think she is telling Rosen and the SH’s that this plan sucks.


And asking John Clarke of FDIC
THJMW: “You want to remind us of what you said then.”
We said that there were still significant open issues with the parties to the proposed settlement that we would continue to have discussions with those parties, we have not yet resolved those issues and there are other conditions to settlement that still haven’t been satisfied, but we’re working with the goal of trying to achieve all that and get the proposed settlement agreed to and presented to this court. Thank You.

Again, I would like to think the “other conditions” as being SH’s
Good luck all