Mr Cooper Group Inc (COOP): So you imply the BOD blatantly lied to u...

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JusticeWillWin

Re: AZCowboy post# 502910

Friday, 01/05/2018 2:42:26 PM

Friday, January 05, 2018 2:42:26 PM

So you imply the BOD blatantly lied to us in Oct. 2015 when they informed us about a failed "multi-billion dollar acquisition"?!?

~ ADDED, and to ALL’ ~

In my own opinion ... ? ...

... This is the WMIH-Corp’s, necessary accommodation to “Basel III”, ... (in effect as of January 2017’), ...

Quote:
SUMMARY:

“”Basel III is an extension of the existing Basel II Framework, and introduces new capital and liquidity standards to strengthen the regulation, supervision, and risk management of the whole of the banking and finance sector”.

... The $600 million, was the necessary “Cash”, “Capital Base”, ... required to get the process started, ...

(~ You don’t have to be the smartest person in the room’, ... You just have to be smart enough to know, who ?, the smart people are ~)

AZ

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- Just my personal opinion, no investment advice! -
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