Replies to post #568558 on Mr Cooper Group Inc fka COOP

[stoxjock]

Thanks for your DD on this issue and your response. I appreciate you sharing it here. Yours seems a well thought out opinion then.

Whether things will turn out the way you are predicting or it is going to be routed thru WMILT as 75/25 % on everything, I am ok with either as I own both classes of markers. I don't begrudge someone making more than the other as they were heavily weighted in one class or the other.. We all made our investment choices.

[Muff77]

Hi AZ,

very clever conclusion in Your post - it can be really true !
Thanks for Your daily posts with detailed explanations, what I very apreciate !
GLTA,
Muff

Your post
... However, Your Question Is Also Something Very Interesting That I Originally Took Into Consideration As Well’ ...

the, ... WMI’ Parent Owned, “Washington Mutual Capital Trust” was created well before any of the WMI Class 19 Designated Preferred offerings ever became available ... and, ... it’s three point Liquidation Preference was stated within its early original documents, ... and, ... the Capital Trusts “Liquidation Preference” was to be Activated’ if and or when’ the WMI parent ever found a need to file for bankruptcy ...

So basically, ... it has been a time line of the sequenced events that has lead me to my opinions and conclusions ...

Sort of like my humorous quip regarding, ... ~ Understand Plan 6 “Participate” In Plan 7 ~

Helpful ?

AZ