Replies to post #556819 on Mr Cooper Group Inc fka COOP

[worker]

Is this a joke from you ? Or do you really think the banks don't know what they own ?

We don't speak about $100 or $1000.... we speak about $30 BILLION my friend !!!

Think about it !

[contrarian bull]

I'd say more like "Storage Wars". When they buy a storage unit and it appears to have art work in it, but maybe it's real, maybe they are reprints...

When they bought the WMI assets they were pretty sure there was a LOT of value there, but a chance it was worth nothing. They risked all of what they paid but hoped to make many billions in profit. Probably a fair risk-reward, but like in "Storage Wars" they sometimes have inside tips about the owner and their assets... :)

I liken it to buying a house and doing a remodel and knocking out a wall and finding a bag of Old COINS or going into the attic and finding shoe boxes full of old based ball cards or comic books!

I didn't know it was there till I bought the house and once I did, It's mine is it not?

[Upperlippy]

If there was a IOU note in the cellar of 50$, would you pay it?