Mr Cooper Group Inc (COOP)

[ilenes]

Hi guys.

A very long day, and hopefully you all have the case's issues worked out over already...

A few general comments as I quickly read over the last few pages of ihub posts...

1. No one left that courtroom looking exceptionally happy (no, it wasn't just the long day or that arduous testimony about section 269 vs. section 382). We won a few, so did they (so the mood went).

2. This taxation stuff is confusing, and I have my ideas of what we might be trying to accomplish...but mostly the key here, I think, is what is possible. Since the IRS doesn't issue letter rulings on 269 in advance, we only to have to make the point that all the NOLs could be used if the deal is done correctly (and convince JMW).

3. Today was laying a foundation, and thankfully its over! Tomorrow will be meatier, Friday the best. We will continue into next week...