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goodietime

08/20/19 9:41 AM

#585488 RE: AZCowboy #585487

"The Delaware Bankruptcy Legal Process has been able to be used, ... Yes, The WMB Noteholders “Knew”, the ANICO Participants “Knew”, Deutsche Bank “Knew”, A&M “Knew”, the Globic Participants “Knew”, the Attorney’s “Knew”, ... Judge Walrath "Knows", Judge Claster "Knew", Judge Collyer "Knew", ... I “Know”, ... and YES’, ... "due to the fact" that WMIH remains the *Mr Cooper Group’s Parent Corp, which is obviously' still involved in open Bankruptcy ?, ... Yes, the “COOP” BOD’s “Know” ... all of them, both past and present tense ..."


If so many people KNEW, WHY did they LET, SO many newcomers have the majority of the value?
I thought these guys were GREEDY, yet they give it away to KKR and NSM people?

This is the part I have trouble grasping.
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LuckyPanda

08/20/19 11:30 AM

#585492 RE: AZCowboy #585487

AZ, if they all knew then they may not be breaking the bankruptcy rules for non disclosure but they are violating their fudiciary duty to maximize shareholder value by allowing the dilution of value with WMIH-COoP merger. IMO, this violation would open up lawsuits if the lion share of the returning bankruptcy remote assets comes directly to Coop and not escrow markers.
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hotmeat

08/20/19 1:03 PM

#585508 RE: AZCowboy #585487

Quote: "due to the fact" that WMIH remains the *Mr Cooper Group’s Parent Corp, which is obviously' still involved in open Bankruptcy?"



So WMIH remains in open bankruptcy???...Really???????? I'm sure the BOD of WMIH/COOP would appreciate being enlightened about that advent.

WOW!!!!