Replies to post #73715 on Mr Cooper Group Inc (COOP)

[climberprof]

So, you do not see much hope for common stock holders?
Is that correct?

Thanks
Climber

[Bizreader]

Now there's someone making sense.
thank you.

[Docsavag]

Enterprisinginvestor, thanks for your perspective on this. I do think a key takeaway in what you've stated is this:

"If litigation is successful, the debtholders can only receive their claim amount plus post-petition interest if WaMu is deemed "solvent" like Texaco, Manville and A.H. Robbins were in their cases."

Two thoughts on my side:

1. With people waking up to what's happened here, the artilces and blogs helping to bring this to light, I have a strong hunch that this will not have to go to litigation. In fact, such litigation will bring to light so much that it is likely that several people's careers could be severely impacted.

2. I believe that if this does go to Litigation, there a significant amount of data available to show that the actions taken were hastily done, and that WAMU should have been considered to be solvent.

Doc