Replies to post #640690 on Mr Cooper Group Inc fka COOP

[AZCowboy]

~ ADDED: A Close Review OF The WMI' Bankruptcy Docket, Would Have Also' Revealed', That The "Trustee(s) (plural)", ARE NOT Able To Mix or Exchange ANY Distributions or their "Participating" members ~

... I guess "griffin" missed that directive as well' ...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159832861

... Delaware Bankruptcy Law “Dictates”, It Was Judge Walrath’s Responsibility to Approve A “Disclosure Statement”, A Plan of Reorganization, And Any Necessary Amendments, “Period”

... somehow ?, griffin’, twisted a Court’s Plan Approved “Allowance to Participate” (in Judge Walrath’s Plan 7), into thinking that “griffin” was in a position to question Judge Walrath’s Legal Responsibilities, and Her Approved Plan for WMI’s Reorganization ...

... Judge Walrath even told griffin directly ... that she (Judge Walrath) would have approved the amendment, anyway ... which obviously fell upon deaf ears ... “astonishing”

Judge Walrath’s Original Ruling Against “griffin”, as well as Judge Andrews Court Docket “Reaffirmation” of same ... Will Stand ... ignorance of the law, by griffin, is not an excuse ... ever’

sloppy, sloppy, sloppy, and poorly researched ...

And It Does “Matter”, ... .as "Currently, ... I'm "outing" the approved reorganizations' disruptors' ... or, those that have attempted to', ... and by Judge Walraths and Judge Andrews pen and rulings', Have Failed', and will continue to Fail" ...

... No One’, need be concerned ... “griffins tantrum” ... will go nowhere, and won’t affect anything ...

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AND', ... The WMI-LT is now done', and there never Could Be' any 75/25 ratio of distributions for all' ... just simply impossible' ...

AZ

[AZCowboy]

~ Wrong Again' ~

... As Described on the WMI BK Docket, A "Carrot & Stick" approach was used extensively, (their words) ... and again, as described so eloquently, Filed on the WMI BK Docket within the TPS Consortiums submission to Judge Walrath', ...

1st' it was made to appear that participation in the PIERS was the best thing to do' ... however, ... had 6' been approved, only the chosen ones were ever going to benefit', and everyone else would lose out' ...

2nd' it was the "P's" that were pushed as the best participation', with the use of calculators, misunderstandings, and a "carrot" offered as more shares' of the reorganized company' ... etc', ... now trading as "COOP" ... with "WMIH" always maintaining its position as the Parent Corporation' ... through to the present tense'

however, the result that was always wanted, ... was always to diminish the releasing WMI common share participation, so that once the BK's would eventually be Closed, and the Trustee(s) were released of their restrictions, ... that the number of receiving recipients would be as low as possible for the division of the accumulated interest returns' ...

That Original TPS Consortium Filing, ... in support of 6's denial, is an absolutely amazing read' ...

Now then, to the present tense', Each Functioning Trust' had / has its own Trustee', ... and the DTC issued ESC Cusips were individualized on purpose' ... the fallacy created', was that the WMI-LT's Trustee (kosturos) was running the entire distribution show' ... Nope, Not Hardly', (obviously) ... Kosturos was only charged with the distribution of the Court Allowed Plan 7's creditor and claimant Cash' (Cash & Tax Refunds) ... period' ... all of that has been completed now'

The "Plan 7 "Disclosure Statement" states the fee and expenses program allowed to be paid to the Trustee(s) (plural) ... a quick review of which trustees actually filed for their fees', ... and, which Trustees did not need to file, since their managed Trusts were continuing to function, ... ends the confusion' ... BUT' ? one would need better study habits', a better education, a higher retention level, and a reasonable positive IQ, would help as well' ... or, the Truth actually being revealed' to the people' ... hhhhhmmmm ? ...

~ WMI's Capital Trust Was "Always" Kept Separate ~ ... as stated in the "Disclosure Statement", as NOT being one of the WMI 33 non banking subs' ...

"it is what it is"

just sayin'

AZ