Mr Cooper Group Inc (COOP)

[Large Green]

Catz, all of your due diligence is appreciated by most people on the boards but most people "get" what was/is in the contracts. I think what most people's argument is what will really happen. Since virtually none of the rules are being followed or the real questions are NOT being asked by the court, when the court really does ask a few questions, it is just to get it on record with very little if any follow through when it involves anything positive for Equity.

All these people are really saying is since we are in bankruptcy and if the CRIMINALS come up with something that Equity will agree to, basically the rules mean zilch including preferred status. This Judge will approve anything if is involves Equity in an overall settlement. Just because preferred rules are not being followed does not mean she will not approve. Everybody is never going to agree to everything so the rules mean zilch when the so called "power players" come to an agreement and if that involves converting preferred to common, then that IS WHAT WILL HAPPEN period and end of statement.