Replies to post #41074 on Mr Cooper Group Inc (COOP)

[Wamook]

Silly Human! The german company that pays for the NOLs seeks to use them to shelter 20 billion of income in the next twenty years of secure a tax refund for 20 billion of income in the past two years. Know any body in that tax bracket??

If the tax rate is 35% the amount of cash you can get from a 20 billion dollar shelter is $7,000,000,000. That's what the NOLs are worth to a company paying 35% tax. The higher the tax bracket the better off you are buying the company!!