Replies to post #502910 on Mr Cooper Group Inc (COOP)

[BBANBOB]

AZ

"""This is the WMIH-Corp’s, necessary accommodation to “Basel III”, ... (in effect as of January 2017’), .."""

true day IF if if wmih IS GOING TO BE A PLAYER AGAIN IN THE BANKING FINANCE INDUSTRY.......


(~ You don’t have to be the smartest person in the room’, ... You just have to be smart enough to know, who ?, the smart people are ~)


OR TO know WHEN YOU'RE IN OVER YOUR head AND hire the smarter ones!

[JusticeWillWin]

So you imply the BOD blatantly lied to us in Oct. 2015 when they informed us about a failed "multi-billion dollar acquisition"?!?

~ ADDED, and to ALL’ ~

In my own opinion ... ? ...

... This is the WMIH-Corp’s, necessary accommodation to “Basel III”, ... (in effect as of January 2017’), ...

Quote:
SUMMARY:

“”Basel III is an extension of the existing Basel II Framework, and introduces new capital and liquidity standards to strengthen the regulation, supervision, and risk management of the whole of the banking and finance sector”.


... The $600 million, was the necessary “Cash”, “Capital Base”, ... required to get the process started, ...

(~ You don’t have to be the smartest person in the room’, ... You just have to be smart enough to know, who ?, the smart people are ~)

AZ

[Johnnyiwantsome]

Whats Mr. Michael Willingham Been up to:


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Mike Willingham has over 15 years of progressive experience in a wide range of engagements including energy trading, risk management, accounting and auditing. During the past eight years, Mr. Willingham has specialized in litigation involving complex financial matters in the energy sector. He has been extensively involved in high profile litigation involving the trading of securities

and commodities gaining him specific experience in derivative transactions, accounting fraud, and complex financial matters. In certain cases, Mr. Willingham has been appointed to the advisory board as an equity committee member functioning as an advocate for shareholders. Mr Willingham has directed entire litigation teams operating as project manager, client and testifying 30B-6 witness. Mr. Willingham is the project strategist for the TFSG review team. He is a Certified Public Accountant and holds a

Bachelor of Science in Accountancy from East Central University.

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Who knows where this ends as far as return but one thing he is not
A dummy! WMI may be a Crowning example of Protecting the Sausage among-st hungry wolves or possibly giving the sausage to the Equity.

However I find it A GIANT LEAP for Mr. Willingham to completely bend over Equity while destroying his reputation and the Company he has built.

Dummy regards,
B