Replies to post #351528 on Mr Cooper Group Inc (COOP)

[steelheader7]

I am thinking your correct Jack. :)

[xoom]

Agree 100%.
No way EC will be VERY happy with 7 cents. No way.
JMHO

[wall_street61]

The EC is pleased because all the EC members will be able to vote themselves to be on the Board of Directors of the newco WMRRC. They will cover any losses with a nice fat salary and options in the newco. Willingham will vote himself chairman and most likely ceo.

Duh people, that's why.

And one more thing, I am certain they have suspicions that Walrath will put the kabosh on the 70-30 split, and may re-distribute that allocation.

But that has nothing to do with their new-found BOD positions.

Willingham may draw a BOD/CEO and Litigation Trust Advisory Board salary. I'm sure he's pleased.

[umaw]

Jack Burns! This may be a stretch but I believe TD bank in Canada may be a potential suitor! You heard it here first!