Replies to post #291272 on Mr Cooper Group Inc fka COOP

[dm57]

U took words out of my mouth UZ

[RDG013]

If true, what this tells us is the the Hedge Funds did indeed participate in underhanded trading and do not want to be investigated. If I am reading this correctly, I do not think either JPM nor the FDIC are on board with this currently and that is what the litigation fund is for.

For now, we have to remain calm. If this is as huge as it appears to be on the face, I cannot understand why we are still trading at the current level, or for that matter trading at all. You would think there would be a temporary halt until further details are made public.

JMO

[steel58]

If this is true, do we then lose any leverage against hedgies? If that is the case, do we then have to fight JPM/FDIC/whoever outside of BK and as a new company with a new BOD hopefully, or is everything settled in BK and JPM ans shareholders, etc share in new company?

[Tool_power]

Being in control of the Reorganized company is very good, but it's not the same as being in control of the estate. Still very happy!