Mr Cooper Group Inc (COOP)

[boarddork]

To me, this is a new quantum leap in the right direction of our understanding. I've been struggling with MW and all the leverage he should've had in mediation, to let his initial investment in commons be subjugated to 75/25 as a whole. Not to mention the millions of commons shares trading in the last days before re-ord confirmation. Something just hasn't jived in my mind.

What your suggesting actually makes sense to me! A view that would explain MW getting properly rewarded for his initial investment, and explain the heavy trading in Uq commons the day before re-org.......2 things that never made sense to me, considering the leverage I think we had in mediation.

Since there were 2 bankruptcies....... Any chance the WMI BK#2 residue ONLY, is addressed by WMILT, the 75/25, and tracking markers for cash and/or shares. And WMIIC bk#1 residue just comes straight from dissolving WMIIC to holders as cash, skipping WMILT, not 75/25. Preferreds at their limit, and remainder to commons?

Could be!