Diamond, I may not agree with Tako so much on how this would work but do agree with him on the numbers because he gets the numbers from the filings, so if one does not believe this then one would have to ask a couple of questions.
1) Tako's numbers are from filings, so RKT is buying the entire enchilada, including WMIH/COOP/XOME/NSM and whatever else it has, so where would the 131 billion go if not to timely signed releasors?
2) Also, with RKT getting the entire COOP enchilada, that would mean RKT would skyrocket $130.00 to $160.00 a share unless more shares are printed to pay off the timely signed investors. It is possible that somewhere in the RKT/COOP filing, such as those RKT "L" shares it discusses, could be for timely signed releasors or other In my view, but there is no way they will allow the shares to skyrocket to those levels. So something will have to come out discussing the numbers that Tako just showed everyone, because this wealth is not included in the stock price of COOP and/or RKT YET
So, I believe, however they do this, it will be tied to the 75/25 formula of what those timely signed investors owned. Some investors never signed timely releases, thus they would not be part of the payment to those investors who took huge gambles to be part of the timely signed releasors ownership before and post the (ED) Effective Date of 3/19/2012, so not sure exactly how this will be handled
There is no way casual investors who purchased WMIH, COOP, and RKT post March of the year 2012 do not and will not have the same ownership rights once this is all paid for and closed.
...
Market Data 
Markets 
AI
