Replies to post #533015 on Mr Cooper Group Inc (COOP)

[jerrylev]

Ed Sargent and SG have done their job to get shareholders survive the bankruptcy and get the Estate, whatever is left after creditors are paid. SG job is not to argue asset by asset to see who it belongs to, or how much JPM should pay for it. Now what is left in the Estate after the creditors are paid, is the billion dollar question.

So the responsibility lays with the EC to accept such a settlement but it is not SG job.

If what is left in the estate is almost nothing then the EC is to be blamed for.