Mr Cooper Group Inc fka COOP

[Desperado90]

Oh now you agree we will get some refund.

This a very simple issue.

Total Liabilities ~ 9B

Total Assets ~ 8B

Preferred Share ~ $3.5B (Not due anytime soon so pay divis and 3.5B would only cost the estate about $300M/yr). Therefore, commons would immediately be in the money. Only at liquidation is all the money due.

So commons are $4.5B short of being in the money.

We are in agreement that we would get some refund.

Tax refund of ~$7B and we split it 50:50 worst case = $3.5B

Now all we need is the Judges to get this moving.

1. Re-evaluate the sale price.

2. Give back FSB and Providian.

3. Goldman Sachs purchase of the wind power business.

4. 5 Million Shares of Series A Visa shares.

5. Subsidiaries

6. Return of Trust Assets.


I can go on.

This is easy unless the Judges screw up big time. So when you say commons would not see anything I want you to keep this post and repeat after me Money Money Money.

GLTY.