Replies to post #723251 on Mr Cooper Group Inc fka COOP

[lodas]

Bizreader........well, I get that. Every chapter 11 handles Retained earnings in a manner consistent with their objectives to exit bankruptcy.... in the case of WMI, they cancelled and extinguished the equity retained earnings to get 5.8 billions in tax NOLS.... you are allowed the same deduction on your income taxes when you HAVE A LOSS ON YOUR STOCK TOO!!!!!!!!!!.......do you understand that you are no longer a shareholder in WAMU any longer when you signed your rights away to any Retained Earnings which WMI abandoned in the chapter 11?....they also go on to say all rights inherent in the prospectus are NULL AND VOID 1111 your release signature does not guarantee a return of value of the cancelled equity.. it RELEASES YOUR RIGHTS TO ANY VALUES IN EQUITY for the company to do whatever they want with your equity to bring the chapter 11 to a close, without being sued by shareholders ....I am not combative... I am only stating what was expressed in the official documents that I have continually supplied for the board to read, but they dont... especially ron, who reads nothing but asserts his own criteria for recovery....read the documents supplied to you, and quit drinking the koolade being served up by so called gurus.... there is , and will not be any more recovery from WAMU, or the chapter 11 closure... period... Lodas

[User-793611]

Hi BIZ.
You are a person who discusses facts and logic as well as others here in the room, but I have noticed, that there are very few people left besides you who waste their time responding to the talking mule. I am convinced, that he never gave consent on paper, he didn't give it being convinced, that if he did give consent, he would NEVER EVER get anything back. He still hasn't understood that there are two insolvencies, one is WAMU, the other is Holding WMI, which could not be declared insolvent, but Mrs. Sheila Blair either wasn't aware that a Holding cannot be seized, or she thought, ok maybe the senate will give me consent, but she didn't get it.
The talking mule still hasn't understood this, yet he has had Ca. 15 years, WHO KNOWS WHY HE WON'T UNDERSTAND IT?

Cordial greetings from the Alpe d'Huez

[User-793611]

Mr. Cooper Group Inc.. (Is she the great mother of WMIH/COOP?
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