Replies to post #726353 on Mr Cooper Group Inc (COOP)

[b3]

You can believe in anything you wish. Yes, this BK is not actually closed by the FDIC yet.
However......IF IF IF, as you say, JPM is going to pay old WAMU Shareholders some cash to close out the BK, it does NOT have to raise money by selling long term or short term bonds. JPM has currently $900 BILLION in Cash. It does NOT have to sell Bonds to pay us.

So everything Royal is posting is total BS.

[lodas]

This post is a total croc of Sh*t, and displays a total misunderstanding of the differences in settlements of chapter 11, an chapter 7 bankruptcy filings...
(1) chapter 11 is a company restructuring of assets whereby the Creditors are paid values for their holdings according to agreements between creditor, and debtor, and signed by the court...any assets remaining BELONG TO THE EMERGENT COMPANY TO CARRY ON THE BUSINESS, AND TITLE TO ASSETS BELONG TO THE COMPANY, NOT SHAREHOLDERS!!!!!!!!!!
(2) a chapter 7 is a LIQUIDATION OF COMPANY ASSETS, WHEREBY CREDITORS ARE PAID WITH EXISTING ASSETS FIRST, THEN IF THERE ARE ASSETS REMAINING, THEY ARE GIVEN TO SHAREHOLDERS......... the company then ceases to exist!!!!!!!!

WMI was a chapter 11, the creditors were paid, existing shareholders given stock in a new company, and ALL TITLE TO ASSETS BELONG TO THE DEBTOR.......you are not a shareholder in old WAMU, or WMI assets, as they were cancelled , extinguished, and all rights unto previous prospectus are null and void.... what you are is a shareholder in the new company called WMIH, which were given to you, in exchange for your release signature.... YOU POSSESS NO RIGHTS TO FORMER ASSETS OF WAMU, OR WMI.....and stop laughing until these facts are understood....Lodas

[Bizreader]

Yes and by pure logic we know that on each of these highly active influential boards holding billions of dollars for someone there are detractors.
Voldemort is not going to say he is a detractor nor will some of the others however we know you're here. Oh and detractors are not truth tellers.