Mr Cooper Group Inc (COOP)

[steel58]

ptolomeo -- I think this is again what makes this case so bizarre. While we have an EC reprersenting equity -- it's initial lead (Willingham) has only commons. I would then think that any settlement EC agrees to would have to profit commons. The shenanigans that are being discussed such as IT, have been perpetrated by parties possibly representing various aspects of preferred. And we still have absolute priority stuff at issue. What is fair and what is legal will be debated here for years.
Everyone wants to come out ahead on their investment. I would think that this mediation is to determine if there is any way outside of litigation to get everyone something. If I knew for sure I could take a 10% haircut and get my money in the next few months, I would, based on everything that has happened thus far.