Mr Cooper Group Inc (COOP)

[ReikoBlack]

Like i've said, the $20 billion was debunked a long time ago.
A post on Boardpost from Brinkster - April 13, 2012, 05:09:41 AM
https://www.boardpost.net/forum/index.php?topic=760.75msg8358#msg8358

Hey people,
I got a reply from someone from the LT at KCCLLC:

Dear Brinkster,
David Sharp forwarded me an email from you. Let me see if I can answer your question.

I’m assuming that the 20.7 billion you are referring to is the retained earnings number in the distributions to LT column. The column itself represents the assets and liabilities that go to the liquidating trust. But the $ amount used for equity is a historical accounting balance and does not represent an outstanding balance to collect from the trust. Even though equity interests have outstanding claims against the LT, the $ amount was booked to clear out historical balances and maintain a balanced balance sheet.

Should any value be available for equity interests after Creditors and Subordinated claim holders are paid in full, equity holders will share in the value in accordance with the plan but based on the number of shares owned as of the Record date, not a $ value.

Not sure if that answers the question but let me know if you need more.

Best regards

JOHN MACIEL
Chief Financial Officer -- WMI LIquidating Trust
Senior Director -- Alvarez & Marsal

Wrong, They even posted a link and told you to read page 18. It was there in black and white... I am sorry that documents prove you are incorrect but I guess that does not fit your agenda... Pesky facts always getting in the way...
Have a great 20 Billion dollar day every one!!!!!!$$$$$$$$$$$$$$$$
EXO