Replies to post #658448 on Mr Cooper Group Inc (COOP)

[worker]

Sounds good, if you expect money, but you can read it in the opposite way too! But why (damn) so vague? Why no really hard numbers and facts, which everybody understand and is waiting for?

And if ... "everything possible has been done to maximize the value of the Debtors for parties in interest" ... HOW could it be possible that "JPMorgan found a $30 billion 'unexpected bonus' in the remains of Washington Mutual"? ;-) www.businessinsider.com/r-jpmorgan-builds-up-apartment-loan-leader-from-wamu-rubble-2015-7?IR=T

$30 billion for old shareholders would be much more than "0"! ;-)

[goodietime]

Worth re-reading

Quote:
14. While the Trust appreciates that Griffin and other equity interest holders continue to feel slighted by the FDIC’s seizure of WMB, at some point (now over 12 years later), they must accept the fact of the seizure and that everything possible has been done to maximize the value of the Debtors for parties in interest. They must accept that the Trust has generated recoveries far beyond those projected years before and, in accordance with the Final Decree (which order was not appealed and is final) is now prepared to distribute its final assets and wind-up its affairs.


It sounds as if they KNOW how much. Why not just say it??