Mr Cooper Group Inc (COOP)

[Large Green]

They may or MAY NOT be paid as it is according to whether the Piers are already believed to be impaired. It would seem to me they have to leave part of a creditor class impaired to show the bankruptcy case was not a total fraud. How could all creditors be paid in full if this case was not a fraud? Why would they have gone bankrupt with all creditors being paid?

Maybe Piers get the last $4.60 plus pennies a share or NOT. Time will soon tell. At this point, I could care less as all I want is this to move on and get the bankruptcy case officially closed, P&A officially closed with JPM and WMIH and then WMIH capitalized which could all happen simultaneously. We will soon see hopefully!

All I know is this was a terrible investment when one considers how long the Piers money has been tied up when one could have used the same money by buying equity if one believed in Mike/Ed. Then for over 15 months WMIHs traded between 45 pennies and 70 pennies a share. Of course, WMIH is not capitalized yet and this needs to be factored in IMHO of at least $20.00 a share. Yes, this will happen at some point.