Mr Cooper Group Inc (COOP)

[jerrylev]

The theory that we get shares of a public company 5 years after the bankruptcy makes no sense, because after that, we will own shares just like any Joe 6-pack in the world. And Joe 6-pack will be mad because his shares are all diluted due to those WAMU people from nowhere. And WMIH cannot print shares without an influx of cash or it will dilute the shares, and we don't want those worthless piece of paper either. It's like if we get paid with Afghanistan money.

So either WMIH will buy our interest or the mortgage out right and pay cash, or they just service it for a fee.