Replies to post #189537 on Mr Cooper Group Inc (COOP)

[suprabiz2]

According to the current POR, commons will get 0. It'll take a MIRACLE for commons to get anything.

[Joshfm]

I don't know how much they will get. I think more then $2 per share though. With the 4 billion dollar deposit + 5.6 billion NOLs, which is WMI's money, you're looking at the debt paid in full, the preferreds paid in full, and .37-.60 cents pps for the commons. So if JPM and/or the FDIC would throw an extra 2-3 billion, you're looking at about $2 pps for the commons. IMO, when you look at the laws that were broken, the damages that were caused, trademarks violated, and the fact that WMI's value is much higher then 2-3 billion, well, JPM and the FDIC would be joining us in Vegas if they had to pay just 2-3 billion more to make all of this go away.