Mr Cooper Group Inc fka COOP

[vics picks]

Quote ( Yes, IMHO, they may receive $3.00 or $4.00 a share )
If so that would make the waterfall dry up to nothing. It seems that would make some people happy. I can't imagine why all the hate for the PIERS holders. Yes the original holders were mostly hedge Funds, but plenty of small investers also hold PIERS. Is it not bad enough that PIERS have lost over two thirds of their value to the Senior note holders. Such greed to hope the PIERS get hurt again to make the lower levels enriched.
Please Katz weigh in on this issue.