Mr Cooper Group Inc (COOP)

[Olti100]

Commons would have been paid anyway after P's received face value that is just how it works, so either they knew they were going to make face + or they where just plane incompetent or they knew P's and commons wouldn't get anything anyway.

Thats not true and completely false.First of all there is a rule caleld the Priority rule and by that Rule without the Payment of the higher hierarchy Class there is no way the lower class would get paid or get a cent unless the class above the waterfall agree to share with her.So the Commons only because the Prefereds got to mercifull doesnt make them obliged to give the commons a pas away to get a distribution.Thou for you and other common holders to be here is a sign that the Prefereds Agreed to share with the commons on the 75/25 Basis and with this everything coming to the Estate would be splited in such away.And Second ...... is Story and not worth saying as nothing make sense when I see you from above and know to have given a hand to my fellow Shareholders common holders a hand and splited in the fraternity spirit of the Investing on WAMU Fellowship.