Replies to post #707753 on Mr Cooper Group Inc (COOP)

[ReikoBlack]

Obviously, "Fair & Reasonable" means making everyone who released multimillionaires?

The Fair & Reasonable statement wasn't meant to just strictly encompass Equity, it was to encompass all parties. Everyone is going to have their own definition of what they feel is fair & reasonable. In the world of Bankruptcy where more than not shareholders are usually wiped out, what we received (as small of a recovery as it may seem) is better than the alternative, which would have been nothing.

(By the way, we were told exactly what we were going to receive for our releases before we signed. Nothing more was "promised". It was message board chatter which gave birth to the never ending theories of promised riches. )

I did not invest with "Hope"....We were promised "F&R" for our Releases.