Replies to post #610407 on Mr Cooper Group Inc (COOP)

[BBANBOB]

Major

even though most of your posts are nothing but antagonistic, I do not THUNK you're TUPID!!!!!!

So can you as well then explain why the 75/25 WAS a part of and or a condition of the ""PLAN of RECORD"" POR voted on and approved by shareholders and signed off on by the court.

THEN on 2 separate occasions was re-affirmed or validated by the company as the plan of reorg that BECAME THE PLAN OF RECORD once passed

1. March 2012 in an 8K by the company

2. And then RECONFIRMED by the company in AUG of the same year

""PREFERD EQUITY and COMMON EQUITY will share on a 75/25% basis and distributions after all creditors are paid in full""(BOBAPHRASED)

[hotmeat]

I agree, $170 per UQ.....when pigs grow wings and start giving Doctoral dissertations in Arabic. LOL

[Juschilln]

Oh shit!!!

[ron_66271]

That is Some Bad Math Major.

$299B -$10B preferred = $289B / 1.7B os = $170 per UQ, IMO

WMI's preferred have nothing to do with "WMB and it's assets" FDIC valuation.

Next;
Only 1.215B UQs released.


!! WMB EURO Covered Bonds ~$13B in Notes with ~$26B in backing. I think JPM owes us some more Money. !!


++ We Released JPM for "willful misconduct" in 41.6 ++

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