Replies to post #229824 on Mr Cooper Group Inc (COOP)

[dgras0007]

I don't know about that. It is way too close to 08-30 and this info would have already leaked, at least with the big boys thus the pps would ve been higher by now. It is an interesting hypothesis though, and given the circumstances anything could happen.

[jimmyturbine]

Sure why not as we all are speculating with a full brain and some not so full!

If we get a settlement by the end of the month or sooner, that would be awesome provided we get the correct $$,$$$,$$$,$$$ dollars in Billions along with 24+, agree?

imo and a speculator,
jimmy

[xoom]

Good post...."likely" scenario....

JMHO

[Chiron]

Not a chance in hell. The FDIC and JPM are going to fight this to the death. You will not see a settlement before the examiner report on 9/7. Just one opinion from an 'ancient', lol...

Settlement will come when JPM, FDIC have a loaded gun to their head with the trigger 3/4 of the way cocked back. Getting the EC was akin to getting a gun. Getting the examiner was akin to getting bullets. Now the gun has to be aimed, and then you will see a settlement. We ain't there yet folks. Enjoy the rest of your summer, and get ready for a big fall.

This just 'begins' on 9/7. The last two years have been child's play.

[fsshon]

Not even close Sharing. The FDIC/JPM/WMI are under contract of the global settlement agreement until Midnight on Aug 30, 2010. After that the GS is dead and not enforceable between the parties, JPM and FDIC have not finalized the details of the original sale and until a GS releases the FDIC of liability, there will not be any release by them in regards to a final purchase price for WMI's coveted WMB and WMBfsb and untold subs and assets of WMI that were conveyed illegally in the fraudulent transfer that occured on Sept 25th 2008.

Until there is a new GS that is a release, there will be no final for JPM in regards to what they will be paying for WMB. It is as simple as that !!!

This is why the FDIC came out a couple of weeks ago and stated the deal is not final and finished. JPM is skating on thin ice with the FDIC and will need to open the checkbook soon. Examiner will unearth and disclose the assets list that is needed to properly value the estate.

This has just started and should go on for quite some time. JPM is not scared of the examiner, until the Examiner's shovel digs up the "covered treasure" JPM falsely received in the transfer, then JPM will start to care. JPM is not going to capitulate to Equity or anyone else until their arm is twisted behind their backs and almost snapped in half. Right now they are strolling along on WAMU's shareholders dimes and will continue to do so, until the pressure is too extreme and only then will they make a low ball offer to equity. JPM executives could be barking up the wrong tree if they try and delay the examiners work, because THJMW just gave him subpeona powers and what he finds can be used as part of a crimnial complaint once the real story unfolds. This is where JPM will capitulate sooner than expected, we will not hear about it, it will be silence or no deal.

FDIC is the one who could be left holding the bag and they know it. This is why they publicly stated the deal is not closed yet.

A GS that compensates all classes will need to be on THJMWs desk before the examiner's final report if they want out...The IRS just did its part, now it is time for the other parties to open the checkbook.

GLTY

~Fish~

[Bizreader]

I don't see any obvious problems with the idea that a settlement will be reached immediately before the Examiner's preliminary report is out, but it isn't the very last date that the settlement might be forced upon the reticent parties. The very last date may be closer to November 1st.