Mr Cooper Group Inc (COOP)

[MadBadger]

Lodas, what I found interesting, but yet frustrating is that, I went on to the site that provided me with the information regarding escrow shares in bankruptcy( investopedia) and as of July 21, 2021 it has been updated better yet rewritten and they conveniently removed some important wording like holders of cancelled shares still are beneficiary holders of those shares and any assets returned after closing pertain to those holders. I have posted that information here before and provided the source( Investopedia ) now the source has been altered by removing that information. I remember the day I was born and the very first thought on that day, so I know what I read and where I read it and now it’s gone. This frustrates and angers me, that they can do this. One thing that stood out to me when I was working as a Broker in Training in downtown Manhattan, one of the Managing Partners yelled out to us, “ We Are God, We Control Everything And Everybody Out There Are Pho.King Losers!”
This is their Attitude and it couldn’t be more obvious and blatant.
Escrow Common shareholders have rights to any returns to the Company after Preferred is paid, but in this situation both Preferred and Common are Pari Pissu.