Mr Cooper Group Inc (COOP)

[MST]

They havent forgotten about common shareholders, it is just how bankruptcy works. Everyone should do their DD about how bankruptcy works and understand the priority of creditors. Common shareholders are dead last on the long list of creditors and since WAMU had debt exceeding all asset values, a lousy settlement will be eaten up by all the top dogs on the list, then bondholders, then preferreds, then common; but by that time there will be not a drop left in the well.....I'm sorry but the smart thing to do would be take any gain you can right now because when the judgement comes expected common shares to be worth absolutely nothing.