Mr Cooper Group Inc (COOP)

[warcton]

Last night I was thinking the exact same thing.

It is possible that Rosen will say that commons will receive something on Friday. More likely if he says equity will receive anything it will be the preferreds, but we will see.

I still think something is fishy about American National dropping their common stock claims in the DC case, and TPG being silent throughout this BK case.

Two major common shareholders...one is silent, the other is dropping the common stock claims ...in their own case!

Almost everyone expects commons to receive nothing, and it should be no surprise to anyone if the initial POR has nothing for equity. But Friday's numbers will by no means be final.