They repeatedly said they retired the shares. Google what "retired" means. They cannot do anything with these shares any more...
Gary, I'm of the opinion that something similar may take place. What is COOP going to do with the shares that were bought back is the real question.
I've been informed by a friend that the LIBOR SUIT is getting interesting after the initial ruling, but I have not personally read anything myself as of this evening. I will attempt to find it tomorrow if I get some free time.
Bullish
THIS IS JUST MY PERSONAL OPINION AND NO INVESTMENT ADVICE!