Mr Cooper Group Inc (COOP)

[Yanik]

I tend to agree with your thoughts on this. mainly because our side is making a big point about how the NOL's increase even more after the 1st of the year.

It would be foolish to leave billions more on the table in NOLS.

I think you are right and that we all must remember the huge hail marry that Rosen tried to pull at the last court date by using his press release minions to post that the new new new revised plan will proceed regardless of the It issues. His dual track hail marry failed this time because the judge is on to him.

What we have seen since is bs appeals from the hedgies.

I think the best scenario that everyone can walk away from unscathed is the hedgies drop at least 50% of their claims in return for not going down on It charges. JPM and the fdic release the tax refunds they are claiming that dont belong to them.

Prefs are almost fully happy including tps.

commons get reorganized co with the nols intact. we boot out the bod and the shares survive and gain value over time.

remember in the sussman billings they were researching keeping it a bank holding co instead of reverting to a re-insurance co.

-its a possibility in my mind. Either way jpm/fdic get the releases for basically nothing and we get all of our tax refunds and assets. a market value for visa shares and remaining assets.

The litigation trust will later sue rating agencies and other people.

everyone walks away with something.

I am not saying this is how it would go down, but if they want to fight to the end then god help them.

expanded discovery on the hedgies and the whole can of worms on jpm/fdic might be opened down the road.

better to end this now while there still is chance.

As for Rosen. Well no matter what happens i say we all work with legal representation to make sure he never practices law again and get him before the bar review.

AIMO of course and speculation.