Replies to post #343353 on Mr Cooper Group Inc (COOP)

[investorhub123]

that is music to my ears.......although my view for commons is very conservative (part of the newco/NOL's) I do believe that this case is so ______________(use as many adjectives as one needs to), I'm open to think that commons getting some $$$ for the ongoing business, compliments of the Hedgies, is not out of the question. I also could see more money coming from JPM so they don't have to unwind this whole transaction. The FDIC is not looking very good in all of this and may apply the pressure we need.

I hope the long-timers here get rewarded handsomely for what they have had to endure these last three+ years and that a known outcome happens within the next two weeks. GLTA

[jimmyturbine]

Bold indeed!

imo
jimmy

[fsshon]

LG. Nice to see you and I have arrived on the same page. I have been saying this case is one convoluted mess and the FDIC is not going to let JPM get away with it. THJMW nipped it all when she finally realized that the debtors did not heed her warning to them in May 2010 on the equity adversary issue.

Now as per the GSA, FDIC-R is really the party to the GSA in this court and FDIC-C is the party to the dsitrict court litigation that is currently stayed in DC. FDIC-C and JPM (JPMC) can openly negotaite with whomever they want, because they are not parties to the GSA. That is FDIC-R (1.88B) JPMC (27B in claims) and Debtors.

Soon, we find out who is kicking in what and I agree with you that .07 today could easily be worth dollars by as early as next year.

~Don~