Mr Cooper Group Inc fka COOP

[BBANBOB]

6. Of course the hedgies want this to be distributed in 2018 because of new Tax reform laws. You can call it a sacrifice of the NOL's in WMIH for a better tax treatment of cash in the 363 sale (in the form of 1031 exchange) with a distribution in 2018.


AND if as it has been suggested that a CIC wipes those out anyway, has it even actually been about NOL's, I for one have always questioned that line of thought.

Saving taxes on 6 bill @ 39% is about 1.92bill dollars, so what if ya have 65 bill coming back to us all via the LT and or the markers and you(HEDGIES) held 80% of the prefereds and common markers or $52 bill of those markers over all would ya really give a chit or care?

SIMPLE way to put it, will you take a 2% cut off your asking price on a house or a car or will ya stand tough and let the deal walk......Hell most will take a 5-7% cut on asking price of a house not to lose a deal...........