Mr Cooper Group Inc (COOP)

[xoom]

Actual court conversation (you don’t see this on the balance sheet, Uncle Sodas)

Alice Griffin: This is an extraordinary settlement for 100%

Judge Mary Walrath: Well, 100% not as a claim though...not as a creditor.

Alice Griffin: Yes

Judge Mary Walrath: In a class below creditors.

Alice Griffin: Yes

Judge Mary Walrath: So, and, I think even in this case, shareholders are...that class is not going to get 100%. Is it?

Alice Griffin: We don't know.

Judge Mary Walrath: Class 19?

Alice Griffin: Well, your Honor, there's hope.

Judge Mary Walrath: Ok.