Replies to post #604536 on Mr Cooper Group Inc (COOP)

[austin01]

hotmeat, I'd be surprised if even you would not admit this is NOT Fair and Reasonable for those that released, "Class 22 commons will receive about 117K shares of COOP to be divided among the 1.2B common shares released, essentially that distribution will be inconsequential for most retail holders." If this is indeed all there is left for Class 22, shouldn't Susman and others be held accountable?

[PickStocks]

No money will be distributed beyond class 18! HM is dead on with this. There will be nothing coming to equity beyond 18. No cash. Bk closed as well as LTI Jan 10, 2020. They are done.

[worker]

@hotmeat wrote:

Did you not listen to the most recent hearing??? BR made it abundantly clear that as far as the WMILT is concerned, THERE IS NO CASH LEFT FOR EQUITY!!! Class 22 commons will receive about 117K shares of COOP to be divided among the 1.2B common shares released, essentially that distribution will be inconsequential for most retail holders. They have been openly stating it for years, that Equity will not receive any further cash...choosing to believe MB theories may explain your confusion.

Maybe within the next 3 weeks someone will find a $30 Billion "unexpected bonus" like JPM ?

JPMorgan found a $30 billion 'unexpected bonus' in the remains of Washington Mutual

;-)