Replies to post #318375 on Mr Cooper Group Inc (COOP)

[Alias2222]

Things that make you go hmmm... All this is just soo odd

[borbash]

My understanding is that they are abandoning WMI, which has no value?

[boarddork]

I am trying to understand the ins and outs of this abandonement - now versus later, etc.

By doing this now, the debtor can.....?/???

a. appear more insolvent - emotional type of filing

b. debtor actually gets more value prior to reorganization from the write off of the stock loss - sign of S-talks?

c. doesnt common equity have to remain (old and cold) to get these tax write offs

Never quite understood the ramifications of this write off. Any help appreciated.

[fsshon]

Finally, if the Trust Preferred Holders are permitted to initiate any new
discovery of their own against the Settlement Noteholders – who are charged with illegal trading
solely on the theory that participation in unsuccessful settlement negotiations is permanently
restricting – then the Trust Preferred Holders too should be required to produce their own trading
records, documents reflecting information received during settlement negotiations, and
communications with counsel. The Trust Preferred Holders are, like the Settlement Noteholders,
non-fiduciary investment funds that presumably have been trading throughout the cases
notwithstanding their involvement in settlement negotiations from time to time. As such, their
own conduct is as relevant to the issues presented at confirmation as that of the innocent parties
that were made subject to these baseless attacks solely because they were mentioned by a
disgruntled pro se objector who offered no evidence of wrongdoing.