Replies to post #343115 on Mr Cooper Group Inc (COOP)

[jackfburns]

God, Don, I hope you are right... Sure sounds good.

[VivaLasVegas]

I see a $3.14 low-ball common offer then if what you suggest comes to fruition
Pref's 55%-70% of face ........

or

$88.00 commons- forced payment if we go the full-pull via the courts with the RICO multiplier attached. Pref's obviously full tilt then.

However what would $88 dollars buy in the future?
Maybe a loaf of bread, 6-pack, gum ????

Who knows.


Your guess is as good as mine. Let your dog choose from 3 bags with different payoff totals.
Don't cheat and put pizza, bacon, in two bags and celery in another with the word ZILCH written in it. LOL

[Large Green]

fsshon, I concur with your assessment as I have thought for a long time the easiest way around most of the obstacles and get releases at the same time is to work with the EC directly. I just never thought it would have taken this long but the CRIMINALS had no reason to expedite this process when it was ALL in their favor!!!

[livefree_ordie]

Fish earlier you stated that commons will not be in a cash position. So you mean to tell us owners of commons that we are ouit in the cold then I am out tomorrow end of freaking story. What is this nonsense?

[PickStocks]

FDIC is not wanting to be bound by the GSA

I don't think we know anything right now. FDIC is unsure of where they will stand and how they will be left out in the cold.

The one thing we do know is, we have two more weeks of waiting and our lead counsel is on vacation getting a Mai Tai for the new week or so............

[investorhub123]

Now that would turn the tables....

[umaw]

It is starting to appear that Rat Rosen is beginning to work with E/C to save his own arse! Remember, he's never faced this kind of scrutiny before in his legal life and now has the UST breathing down his neck over gross negligent over billing practices! This is in addition to the pit bulls from Susman Godfrey and the tenacity being served up by steadfast shareholders! He's being obliterated by the reality of a genuine jail sentence and is now is starting to bet the message! This is common behavior among narcissistic a holes like Brian Rosen that are intoxicated by their own egos!

[clawmann]

FDIC is bound by the GSA until they terminate their participation. They can terminate whenever they want, but they have not done so yet, and they might not.

The fact that they have not agreed to the extension is not critical unless they also terminate. If they were to agree to the extension, then they would not have a right to terminate at will until the extension period expires.