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Replies to post #131666 on Mr Cooper Group Inc fka COOP

Replies to #131666 on Mr Cooper Group Inc fka COOP
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linda1

12/31/09 12:50 PM

#131669 RE: ILVMNY #131666




Right - 3.9 billion of the 7.5 billion are the preferreds.



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Jestiron

12/31/09 2:34 PM

#131727 RE: ILVMNY #131666

Correct. If the court deems that the Caymans are the responsibility of the Bank (which IMO they are) then these would be removed from the $7.5 billion preferred shares.

AJest