Replies to post #392174 on Mr Cooper Group Inc (COOP)

[clawmann]

As far as the law is concerned, the group of people holding WMIH shares is absolutely and wholly distinct from those holding LTI's.

Many on this board do not seem to understand that. Therefore we have a lot of posts mixing apples and oranges.

WMIH stock appreciation only benefits WMIH holders, not LTI holders.
Yes, there may be some - even a lot - of folks who hold both, but that is irrelevant.

The rights of one class are separate and distinct from the rights of the other. So it is not possible to say that because one class does well so has the other.

The LT was pursuing claims against GS. Those claims, from what I can see, have been dropped. This in no way can possibly be construed as involving some secret deal wherein GS will do something to benefit WMIH. If there is a deal - and I am certain there is not - it would have to exclusively benefit the LTI holders, and have nothing whatsoever to do with WMIH.

In the eyes of the law, and in the eyes of all of the parties, WMIH holders and LTI holders as absolutely different groups of people. The fact that some folks may hold both is irrelevant.

[PickStocks]

However, how can you win at something when you have the wrong team fighting for you. Suckman and group were out matched and out played......