Replies to post #603357 on Mr Cooper Group Inc (COOP)

[mordicai]

That is just what Rozen argues in an attempt to justify what the LT did. It does not excuse the LT from following the terms of the POR in regard to what claims could be included in the definition of "preferred equity interests". The LT violated the governing instrument which is against the law in the State of Delaware. If that was truly the intent, it should have been mentioned in the disclosure statement at a minimum, and the POR reformed to reflect that intent. Instead the LT chose to hide the matter and do what they were not suppose to do. Yet you defend them.

[Large Green]

hotmeat, understand the following.

hotmeat, this fails because of two MAJOR components PLUS UWs Actions are TELLING!

1) Preferred could not be diluted under any circumstances

2) By illegally diluting preferred, the POR has illegally been altered

3) From this point, all else is obfuscation and fails miserably


ACTIONS ARE VERY TELLING WHEN FOLLOWING BIG MONEY PLAYERS such as Bonderman, Tepper, and Savitz



Do you know who Willie Sutton was? He was a bank robber. He was asked why he robbed banks and his answer follows.


A) Why of course, because that is where the money is


When the Underwriters were asked (actions are the tell), why do you want your claim in a LOWER class priority such as class 19?



A) Why of course, because that is where the very, very LARGE GREEN is located




Have I told you lately how much more I really love my Timely Signed Releasor designation which continues to grow immensely every single day forward?

[madmaster]

You waste your time with would-be lawyers Sponge-Bob and Morti-mer. The real Judges Walrath and Andrews agreed with your opinion.