Replies to post #224691 on Mr Cooper Group Inc (COOP)

[DudeBug]

I don't think we have to keep going over WHY Rosen agreed to give away those tax refunds as that "gifting" action served a higher purpose to allow for the "chosen" new common owners!

But to see Calamari's argument in DC as you've quoted sure makes sense that they didn't stand by what they initially fought for. Sure hope Susman (and the Examiner) turns those words back on them to straighten out who is the rightful owner of those $5.8B in funds.

Not sure who made that statement on Tuesday toward the end of the lawyers arguments (was that Califano in his last rant) that those tax refunds belonged to JPM because of the WMB losses!! If so, then why is the FDIC getting any part of those tax refunds??

[rramirez82]

Glad to see you back in the commons, Mordicai. I hope you didn't wipe out your entire position and buy back in just now - the capital gains benefit on whatever settlement is reached could be pretty significant.

[jckofalltrds]

its great to see an old name on here mordicai, welcome back I am still holding and waiting.