Replies to post #694133 on Mr Cooper Group Inc (COOP)

[lodas]

investors got wiped out in the K mart bk...

https://www.latimes.com/archives/la-xpm-2003-may-12-fi-kmarters12-story.html

Lodas

[lodas]

both K Mart and Sears are kaput.......Eddie Lampert wiped out the shareholders in K Mart, then took over, revalued the company because they depreciated the land plus stores to zero, but the land was worth billions... Lambert then repackaged K- Mart , sold shares in THE NEW COMPANY, and bought Sears... as a result of his incompetence , he lost both Sears, and K mart, and filed for bk for both companies... Lodas

https://www.britannica.com/topic/Kmart

[PickStocks]

Great opinion! I wish it were true…100%…..however….the capital trust would have been a great indication something was left….just the interest earned would have been a great indication……50cents a share paid on interest would have a great indication…….so far nothing and each month it goes longer which means nothing will be paid out…….heck I even have notes and still nothing…….