Replies to post #402349 on Mr Cooper Group Inc (COOP)

[W3Research]

VDJ, I would like to believe that we get compensated a meaningful percentage of Preferred Escrow Share Face Value on or around Sept. 25, 2014. That being said, I distrust just about everyone and everything that was involved with the Biggest Bank Heist In History. I'll believe in Justice, and maybe soften my views, when I see the money in my account.

[nursejeffv2]

Whatever happend to DG, Abighammer DON and OTHERS?

These guys (or girls) predicted nearly every day $24 for commons it was 3 x value ++++ for every day for years

One of them, I think Don was seeing angels and money through trees and tons of $$$$ to come to our commons shares.

So as far as show of hands WHO KNOWS??

I do know WMIH is not worth one penny, not one more red cent, not worth worrying about, not caring about, not worth spending time on UNTIL MY ESCROWS ARE PAID!!!

PAY MY ESCROWS!! FAIR AND REASONABLE COMPENSATION FOR RELEASES!!!


I'm not interested in mergers, I'm not interested in this getting to $20 in lord knows how many years!!!THATS JUST ICING ON THE CAKE!!!

These crooks will continue to promise you the world.


The stock market at an all time high and for months we've been doing NOTHING!! NOTHING!! NOTHING!!



MY ESCROWS ARE THE CAKE - PAY THEM NOW

[distrojunky]

Absolute Priority Rule (APR)

I'm not trying to hijack this line of thought, more to explain my contention. First, I believer we will receive a meaningful payout for our WMI share markers. Whether it happens on 9/25 or later, I'm not sure.

Why throw-out APR to get POR7 approved? I know this has been discussed before but I keep coming back to it for 2 reasons: 1) It's not normal to abandon APR in BK payout, and 2) TPF agreed with POR7 with APR abandoned when the divide was adjusted from 70/30 to 75/25.

OK, there are 2 viewpoints, 1) Preferred holder, and 2) Common holder. Preferred holder would only want to remove APR if they expected to get more that face value. Common holder would be in favor of removing APR if Face value for preferred was not going to be reached and without removal of APR, they would get nothing. Since TPF was not voting for the plan with APR removed and 70/30 divide, and only after deposing SG, and a 5% adjustment to the divide (to 75/25), did they agree to vote for POR7.

So I have to take the Preferred holder's viewpoint and say that there will be a meaningful payout for the WMI share markers, in an amount that is enough to get face value or more. For me this is a win-win as I also have many common share markers too.