Mr Cooper Group Inc (COOP)

[etzetrade]

I mean that WMI2 could refloat the TPS/P/K without paying dividends in the beginnig. WMI2 could resume the payment later when WMI2 becomes profitable. Legally, WMI2 could do it.

Of course, the best scenario is that WMI2 pays dividends at new% rate immediately. Howver, facing the reality, there is no way that WMI2 could pay the dividends initially based on limited resource.

Under these circumstances, both commons and preferrds are the same boat until something happens. That is fair and no agruments who is better than whom