Mr Cooper Group Inc (COOP)

[JusticeWillWin]

Yes, 2$ would be too low for a full recovery, many pre-holders bought for 8$ or much higher I know, but I think from the viewpoint of a Ch11 judge/our EC "fair & reasonable" doesn't have to mean a 100% (or greater) recovery. If inverstors recover 25% of their initial investment it COULD be called "fair & reasonable" IMO.

BTW, I wrote "at least" 2$ But I'm with you, in this special WaMu case with billions of assets and no real insolvency, 8$ would be more just. But that means, more than 44 bln. must flow down to the WMILT and many many post-holders would become very very rich!!!