Mr Cooper Group Inc (COOP)

[hotmeat]

All I can speak on is what is clearly laid out in the POR and LTA as far as the payment priority in Tranche 6.

The language is specific and IMO difficult to manoeuvre around even though alternate theories may seem plausible.

As for who knew exactly what assets were there, I believe that would have been WGM, JPM, AAOC and the FDIC.

This was the reason why equity had to be cancelled and they all acted in concert to achieve that goal.

Everyone else would have just been speculating since they were not privy to the WAMU's books.