Replies to post #291657 on Mr Cooper Group Inc fka COOP

[Lawrence 147]

What it means is that JPM and the FDIC are now exposed, BR and WG&M are now exposed The shareholders will now own the company and negotiate with those parties for a settlement. The out come none of us can even speculate. Some have the numbers in at over 100 billion dollars and nearly $100 per share. Others foolishly value the company at $2.00 a share. For me I am not giving in for less than $24.00 but I will hold for more should it come. $24.00 is less than a fair price for the damages these evil vile people have caused and to think it is just a game to them.

[WithCatz]

I think so. One can change a GSA/POR to "improve" a given class without a re-vote, etc, etc.

But given that commons didn't get to "vote" and were "deemed to reject", and the fact that such a revised GSA/POR would be so substantially different...

I think it goes past the "an improved change to classes" category.

And, also, if a given class is going to be 'more impaired' then it definitely requires a new DS/Vote, etc -- but, if that class is only the SNH's, then perhaps they could waive that.

But, honestly, I expect another round of DS/Vote etc.