Replies to post #663003 on Mr Cooper Group Inc (COOP)

[bond-007]

What he is saying is fair and reasonable respective to bankruptcy... Your fair and reasonable was the shares you received... Will anything else come our way who knows!

[lodas]

Austin01.....do you not understand the significance of what the judge did for old shareholders?....it is rare that stockholders survive in a chapter 11, simply because the equity is gone, and the bond holders an preferred become the new equity owners of the company... Nate Toma was the savior of the old shareholders when he caught the hedges in inside trading....Susman made some sort of deal with them, we got 75 million dollars in backing, stock in the new company, and IMO, thats was Fair and Reasonable... it did not include assets held off the books by Wmi... period...we will go forward in recovery as coop and Wmih goes forward in time as a viable company, using those trust assets to further the company fortunes....that s H money is not and was never ours legally in a chapter11 bk... IMO only... Lodas

[wcheng]

quite possible that the hedgies didn't get snookered, but instead got a side deal.. who knows.. we'd like to hope that we are on the same boat as them and that they know where the promised land is.. but they could have jumped ship a long time ago and we'd have no clue