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ReikoBlack

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ReikoBlack

Re: goodietime post# 589967

Sunday, 09/29/2019 8:54:09 PM

Sunday, September 29, 2019 8:54:09 PM

Post# of 730593
The Underwriters received 1.4 million WMIH shares (pre-split before COOP) by having their claim placed in Class 19. So, of course they want to stay there. If their claim is forced to be placed elsewhere or jettisoned altogether then they will have to give up those shares, assuming they were not sold, or if so give up the cash equivalent to the value when they received them.

It’s that simple, imo.


If that were true, why don't they drop the whole thing?

But, for some reason, they WANT TO STAY in Class 19.

What do they know, but pretend to not know?

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