Mr Cooper Group Inc (COOP)

[tanjazielman]

Ha!

This is your nugget of confidence in NO return for escrows:

" The examiner finds that it is highly unlikely that there is any scenario which will result in substantial distribution to shareholders".

The question here is, if you are assuming we're stupid or that your post is meant to come across that way.

Why?

Here is the breakdown:

A. The examiner was in play BEFORE mediation, and before equity was in the loop. So before insider trading was a colorable claim against the Hedgies.
B. The examiner did not and could not review the EXTENSIVE loan file of the Debtors per his own rapport. Any scenario made up by him doesn't include anything that wasn't reviewed. Loan file was not reviewed. So the scenario's where he is talking about has ZERO value. Nada. Zilch.
And more importantly:
C. The examiner's report was discarded by Walrath.

Nice try. Please don't think you're dealing with fools here.

Oh by the way: if prefs get paid, commons also get paid. APR is not applied here FYI.

Bye bye.