Mr Cooper Group Inc (COOP): 75/25 uncapped makes absolutely no sense...

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Mr Cooper Group Inc (COOP)

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Re: Large Green post# 477377

Tuesday, 05/09/2017 12:54:36 PM

Tuesday, May 09, 2017 12:54:36 PM

75/25 uncapped makes absolutely no sense. Assuming ( bashers be cool
I'm just using this amount for illustration purposes, not a prediction ) $65 Billion is to be returned, that would mean preferreds get face x ??????? ( more than 1x, doubtful. 1x plus interest, possibly )
AIMO of course.

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