Replies to post #278412 on Mr Cooper Group Inc (COOP)

[umaw]

Fish, while J.P. Morgan and FDIC are certainly a big influence on the debtors, the biggest is David Tepper and his hedge funds. There is definately some back door dealing going on here. They (debtors and Tepper), are the one's who orchestrated the GSA and the POR together. Tepper is the puppet master behind the screen. I believe J.P. Morgan and FDIC just separated from the noteholders because IF, they are charged or investigated for insider trading, then they (Chase/FDIC) don't want to be tied to that. This entire deal is about the rich and powerful getting away with another scam like they have so many times in the past. This one happen to be big and was rammed through fast with many mistakes made but the power machine is hell bent on gettin' it done. If you will read this article, you will understand why these folks and "above the law". Very much above the law. Do you realize in the S and L crisis in the eighties, at least 1000 people went to jail. This is 10 times bigger and nobody has gone to jail. They are all sleeping in the same bed....

http://www.rollingstone.com/politics/news/why-isnt-wall-street-in-jail-20110216

[longhaulq]

Is it possible that the parties decide to settle and roll the dice without the releases?

If they can stall the EC, couldnt they do the same with individual stk holders?

I do not know the facts to these, but push come to shove, I can see how they may forgo release, even if it opens them to liabilities.

Then I think we are screwed---I just do not understand the process so I am unaware of what the future could hold.

[Desperado90]

Fish, The whole Federal Government talk is being overplayed and it's getting tiring and absolutely redundant.

The same Federal Government gave us $2.8B in additional Tax Refunds but the Debtors gave it away using percentages that don't make any sense. The entire tax refunds from the IRS would have been almost enough to pay all the creditors and the debtors can hand equity the reorganized WMMRRC and we can then use the WMB stock loss as a good bargaining chip for a merger partner and shareholders get something.

Let's assume, we drop every claim against the FrauDIC and JPIG and just tell the debtors to pay creditors federal judgement rate and we can take what is left and move on.

Here comes the same debtors working with hedgefunds to defraud us of not only recoveries but the also want the reorganized WMMRRC with the NOL benefits.

Stop blaming the Federal Government because we are the PEOPLE are Federal Government. Corporations, Hedgefunds and Wall Street are destroying the country while everyone is talking about the Government.

Why did WMI not challenge the seizure of WMB within 30 days of seizure? Well U**K are suing the FrauDIC to return their bank. That's a small bank fighting the big guns because they had Cash on hand of 25% of the deposits held. They also had a plan to increase their liquidity but the OTS went ahead and seized the bank anyways.

Why did WMI agree to split the tax refunds with the FrauDIC and JPig? They had a fighting chance but the Noteholders had other plans. How did they reach the percentages of the splits on the NOL?

I can go on and on and am shocked that people come here and talk about the federal government. The IRS is a government agency and they already did their part and signed the checks for billions to WMI but WMI decided to split the money.

The US Trustee was fighting for us until McMahon saw the mess and was like this is messed up and resigned and left for private practice. He probably saw that the debtors were the worst breed ever and did not want to soil is name.

Please stop with the federal government talk, our enemies are our own DEBTORS.

The Trustee in the Maddof Ponzi Scheme is going after everybody in sight. He has recovered billions and taking names. That's what the debtors should have been doing from day 1. Sue everything and everyone that had anything to do with the seizure and sale of WMB and let them settle at your own terms.

GLTY.

[Civil War General]

A&M are crooked. WMI's-Bankruptcy is their retirement plan.