Mr Cooper Group Inc (COOP)

[Tulokid]

Again, I agree completely. Why would we give up the bird in the hand (settlement) for a "chance" to get a recovery through litigation. We all thought we had a sure case at the beginning of this WAMU mess but after three years, a lot of what we thought would happen, didn't.

Shares in a new company will increase in time and can have the same end result as successful litigation. But, your risk is greatly decreased. If the litigation only route is unsuccessful, you are left with nothing. To me, this hero or zero talk on the boards is foolish.

A settlement, giving us some cash for the preferreds and shares in the new company, with a litigation fund is the way to go.