Replies to post #138214 on Mr Cooper Group Inc (COOP)

[Chiron]

I would agree. I think it was all part of whatever original scheme Weil & JPM had going to wipe out equity, take of creditors/bondholders and give preferreds 30% or so. Who knows. Someday it will be very interesting to read the whole story about what the hell really has been happening here for the past 15 months. I remember in Dec 2008 we were pissed Walrath hadn't ruled yet, lol.