""IF IF IF you would read my post you could see that I said IF IF IF something in this magnitude is coming back AND COOP is the rightful beneficiary..."" COOP can NOT nor WOULD be that last link in the chain of title WE ARE
1. NO ASSETS of the ORIGINAL BK ENTITY CAN RETURN THE THE REORG'd DEBTOR What is it that you can't understand here????? Only a POSSIBLE 2.5% can, but STILL 2.5% of 300 or 600 bill is huge when a company only has 79 mill shares out.
2. This is probably even MORE IMPORTANT though, TO KEEP THE HISTORICAL ""PERCEPTION"" THAT WAMU was in fact insolvent, WMIH/COOP can not just come out of the woodwork and be all of a sudden VALUED at say 600 BILLION IN CASH or ADDED ASSETS!
AGAIN AND AGAIN, WHAT about this do YOU NOT GET???????????
[color=red]NO ASSETS of the ORIGINAL BK ENTITY CAN RETURN THE THE REORG'd DEBTOR What is it that you can't [/color]