Replies to post #362858 on Mr Cooper Group Inc (COOP)

[gold-nugget]

ROTFLMAO --
No-way she does that..
IMO
What she does rule is for APR APR APR to be followed.

[es1]

I think every share holder should invest 10% of what they have in wamuq into unreleased shares. If we all did that it would take 150M shares out of the split and we could ALL sue JPM still.
We would make out on the increase in value of the New co and have a chance at the damages too.

I would not be surprised to see a couple of the big insiders decide to not release if they know there is dirt.
Look at it like this. If a hedge fund that wanted the new comp sees it is going to be split with the share holders so they dont release.
We all release and get the company.
They use their deep pockets and inside knowledge to corner JPM and get an out of court settlement (200M) for the hedgies that is bigger then the new company.
Everyone wins in that case.
JPM gets the assets they stole.
The FDIC is off the hook for stealing the bank.
The hedgies get their money with no jail.
JMW gets this out of her court
Rosen gets a "win"
Susman gets a "win"
The share holders get a much larger cut since the hedgies opted to not release
WMI gets a huge NOL and from what Fsh was saying a larger ordinary loss.

Everyone is happy.

[etzetrade]

I personally agreed with you. Basically, I think that is her technique since beginning. She wanted to reach a compromise, and everyone gets something. However, SNHs refused it through their sophistical arrangement w/JPIC, such as gifted WMI's assets to JPIC. What could she do? If she denied GSA, then JPIC would be in trouble. So, LIBR could only do the following.

First, she has already reached an agreement with Rosen NOT touch JPIC.

Second, she has to peace down angry shareholders. Therefore, she picked up HFs and forced them back to the bargaining table. Think about. There were so many important issues, and why she only listened to Mr. Thoma's suspicion.

Third, once HFs were willing to talk, then she never ruled HFs criminal, just said "colorable".

Forth, once 4 HFs agreed to give chicken bones to equities, she accomplished it. Most important is that like you said, she saved her reputation. But you and I knew she did not save it.

There is NO need to punish HFs anymore. Also, there is NO way to punish them anyway. HFs' will recoup interest from wahuq anyway. In this case, let go back to the contractual rate rather than FJR.

IMHO