Mr Cooper Group Inc (COOP)

[Boris the Spider]

LG, some on smart board think our Ps will be converted to new Ps. Interesting idea because that could be done easily without it costing anyone anything. They would just be traded on the open market. But who would issue the new Ps? Coop or Jpm?

And what value would be placed on the new Ps? Surely much more than $1000 face. Then what value would they have going forward if assets, minerals, etc. start to come into the equation. It gets really complicated.