Mr Cooper Group Inc fka COOP

[boarddork]

Well, Walrath knows what Chapter 11 means versus chapter 7 liquidation. She knows that WMI/ WMIIC filing Chapter 11 means there are significant assets left to Re-organize around.

I sure she's well aware of hedge fund domination in buying senior debt and shafting shareholders. I'd like to think think that some of our thousands of (purported out of the money) shareholder letters made her read between the debtors submitted lines a little bit.

She knows the game, and the rules of the game. If the debtor is in Chapter 11, THERE IS 100% sausage hidden in subsidiaries somewhere.

"Let me posit this, if the debtor is worth, say $10B......." She knew! She knows!