Mr Cooper Group Inc (COOP)

[Large Green]

bbanbob, here you go and EVERYBODY that counted in Judge Walrath's court that day could see the VERY LARGE invisible Elephant in the room. They all knew about the assets THAT COULD BE CARRIED THROUGH, THEY WILL STILL BE THERE, THE EC CAN GO AFTER THEM LATER...YEAH!!!


*The Holy Grail*RETAINED ASSETS*YOUR HONOR*They Will Still Be There*


The legal group Akin and Gump are discussing the scope of what the Examiner can examine and what he cannot examine. We also have in there the part (b) of what is to be retained, and that is because in negotiations that we had with all of the settling parties, with the equity committee last week, with the FDIC, we did talk a great deal about the concept of the retained assets.

Now, it's my position, Your Honor, that the examiner doesn't need to know much with the retained assets other than say the assets are retained and therefore the liquidating trust can go ahead and pursue them. They will still be there; they can be carried through. But I understand that the equity committee is very interested in having a neutral third party do an investigation of those retained assets.