Mr Cooper Group Inc (COOP)

[lodas]

then if WMI was saddled with all these 200 billion in debt claims, they should have included it in the chapter11 disclosure claims matrix that class 19, and 22 were TEMPORARILY IMPAIRED, and that a future payout for equity would be forthcoming at a later date AFTER THE BK CLOSED......WMI did not make any such statement that future recovery would be made after they settled the 200 billion in claims with finds held outside the chapter 11....we signed releases for 200 million new shares, 75 million in cash, and 120 million dollars in a line of credit facility...no such document says future recovery would come after the chapter 11 settled....this was affirmed by all agencies handling this affair....and the judge.... Lodas

let me further add: there are no left out provisions in a chapter 11 closing..all financial matters of claims satisfaction are agreed to before the judge will sign off on a chapter 11..so that no ambiguity exists later on....there is no provision that WMI will add more recovery, other than that which was given with signed releases...