Mr Cooper Group Inc (COOP)

[boarddork]

Thanks AZ for this breakdown. I still can't believe how close we came to extinction in Plan 6. It may have been one last castle wall to collapse, but it was a Large one thankfully. The WMB Noteholders not caving to the debtors pitiful offer and choosing DC litigation, saved our behinds.

Hindsight being 20/20, I can appreciate the irony of the debtors pretending to be penniless and through their greed to own everything, offering up a settlement that 'pretended insolvency' so much that the WMB Noteholders would rather take it to court in DC as they knew better.

Interesting how multiple times, the SNH/AAOC greed, continued to trip them up (inside trading). But heck, it allowed us in, and for that I'm pleased! hahaha