Mr Cooper Group Inc (COOP)

[Sculelos]

It's very possible that their might only be enough money for the preferreds aka they get the 4 Billion back bringing them up to 6.9 Billion then they get 3 Billion in tax refunds bringing them up to 9.9 Billion - 8.4 Billion in secured debt and that brings us to 1.5 Billion dollars.

1.5 Billion dollars /3.5 Billion for the preferreds would equal the preferreds being paid out 42% which would equal 420$ for the P's or 10.50$ for the K's. The commons in that case would receive nothing, perhaps maby shares in the new company... it's really hard to say what will be the ultimate solution to the problem.