Replies to post #353681 on Mr Cooper Group Inc (COOP)

[jackfburns]

Until recently, I implicitly trusted MW. I believed that, because he owned a million commons that cost him $200K, that his interests were aligned with maximizing the value of those shares.

Now, I wonder if he could give a rat's a$$ about his shares.

I posted before that any settlement should reflect both the SNH's and The EC's chances of victory at litigation. Given that Walrath said the IT claims were "colorable", the SNH's should have felt heat sufficient enough to give up 1/2+ of their claims.

Did we get at least that much value in this settlement? Perhaps I'm missing something, but I just don't see it.

I want full disclosure into what Willie is planning to gain from his board seat. He owes his constituents at least that much.

If not, I want him off the EC to await his share-price appreciation like the rest of us.