Mr Cooper Group Inc (COOP)

[LuckyPanda]

gg4, I stopped following lehman around 2011 and only stuck to wamu since. but i do remember reading some articles last year about their bondholder already gotten paid 60 cents on the dollar when originally they were expecting less than 20 cents during the bankruptcy. the estate is still unwinding but i dont think their equity will be getting anything. their case was different than wamu. lehman basically got screwed by barclay and jpm for withholding their cash.

anyway, i was just wondering if there were any bankruptcies in history other than those related to the 2008 financial meltdown, where it took more than 9 years to resolve and pay out equity. i cant think of any. so when our escrow markers get paid, we will be the first so.... i guess what i'm trying to tell myself is not to feel too bad for misestimating the expected payout time period when there really isnt any precedents in history to draw a lesson from.