Replies to post #733533 on Mr Cooper Group Inc fka COOP

[Large Green]

Newflow, you said and ask the following. Thanks for the continued due diligence.

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Stakeholders were issued beneficial interests in the WMI Liquidating Trust in exchange for their unpaid claims against or equity
interests in the Debtors (“Liquidating Trust Interests” or “LTI’s”). The LTI’s are not transferable except by will, intestate succession, or
operation of law
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The following chart summarizes distributions to creditors and equity interest holders in both the Initial Distribution and as represented by the
transfer to the WMI Liquidating Trust
http://bankrupt.com/misc/washingtonmutual_febmor.pdf
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WHAT DOES IT MEAN?

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Remember, why the PERPs tried so hard for a multitude of years to cancel and zero out equity in totality. This so they could be the very last in line AFTER the resolution and termination of the active bk cases out one year and more to avoid being contested successfully.

These were the handful of billionaires that would have owned 100% of the last in line assets that will show up after everything else is done.

Now guess what? Those of us who signed timely releases by 3/2012 will receive ALL SPOILS that were left and to be released on a timer when the time is right and we are very close to this timer allowing billions in assets to surface!

ALWAYS REMEMBER, SOME OF US ARE RIDING THE VERY COATTAILS OF THE BILLIONAIRES WHO FIXED THE TRANCHES TO BE THE LAST IN LINE TO SUCK IN BILLIONS IN SPOILS OR ASSETS!


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[lodas]

there is no meaning, other than what the company through the action of the WMIL-T ACCOMPLISHED YEARS AGO...... to wit: WMI settled the chapter 11 claims, plus equity claims by giving Creditors of SECURED DEBT 100% FACE VALUE, plus interest up to class 18, which was impaired....classes 19, and 22 were given 200 million shares in return for their releases 25/75 pro rated... then when the chapter 11 was signed into law, common and preferred shares were cancelled and extinguished, and all rights to dividends are NULL AND VOID....when the 6.9 billion dollars were disbursed to claimants, the WMIL-T was closed and the remaining funds given to charity... WMIH the exited the chapter 11 with 75 million in operating cash, and a letter of credit for 125 million to be drawn down in increments to fund a new company... there were 2 employees, Charles Smith , and the accountant...?....KKR is gone, A/M is gone, Doreen Logan, fiduciary is gone, WMI is gone, the court was adjourned, Rosen is gone, the equity committee is gone, 12 years has gone by, Wmih is now called Coop, Dr. A is gone, Hotchberg is gone, Susman is gone..... now newflow, YOU TELL THE MESSAGE BOARD WHAT THIS GOBBLYGOOK MEANS!!!!!!!!!!!.......Lodas

[ron_66271]

Please See PDF12/22.

Retained Earnings;
Note forth column from the left.
$20,770,849,000(in thousands).
The Heading is;
DISTRIBUTIONS;
Distribution to the liquidation trust/DCR.

$20,770,849,000 with no parentheses (not a loss).

The parentheses around the Preferred and Commons in the same column is because they are an obligation to the LT/DCR to pay.

DCR/RE is the source for this payment.
Yes; 75/25% Class 19/Class 22.

How come no one wants to answer my question regarding the TPS Class 19 claim?



Ron

[newflow]

Note (g) , "All unpaid claims and equity interests of the Debtors were transferred to the WMI Liquidating Trust, as discussed above."