Replies to post #299624 on Mr Cooper Group Inc fka COOP

[erevno]

from the same article...

Is Washington Mutual stock a buy at this point? Here’s two points to consider:
It is definitely a better buy now than it was in early 2007.
Washington Mutual, ironically, will emerge from bankruptcy in much better financial health than many banks that are currently operating.

[austin01]

Don't underestimate what this is inferring. "Shareholders will also have the benefit of a $30 million trust set up to seek recovery from other parties involved in the collapse of Washington Mutual."

[Civil War General]

"$20 billion-dollar net-operating-loss-carryforward" need-some dip with-those chips?

"The biggest asset of Washington Mutual, Inc., once it is reorganized through bankruptcy, is the value of an estimated $20 billion dollar net operating loss carryforward benefit which can be used to offset taxes on future earnings."


$20 B-B-B-B-Billion......
any more silly questions???????