Replies to post #587032 on Mr Cooper Group Inc (COOP)

[BigBang]

Please explain, for those of us not as well informed as you, why that would be his goal.

[gg4]

I think there is someone that owns 850,000 P escrow markers that would disagree with you.

[garyhalvo]

You’re right, nothing coming to equity WHILE BK IS OPEN!!!!

[gg4]

" He will close the BK release the FDIC and nothing will happen from there". His goal is to make sure that nothing comes back period.
What about after the BK closes? For a couple of people that own 850,000 P's, one of them retiring from his hedge fund and moving to a comfortable State, weather wise and tax-wise. I certainly would think they know something and want their cash??? Maybe it won't come while the BK is open but.... I might be curled up in a corner in steerage but I'm in the same boat as they are, as the rest of us are as well. Good luck to all . Have a nice weekend. gg4