Mr Cooper Group Inc (COOP)

[tcr7309]

gary, I wish it were that simple but it's not. Those assets have been more than likely sliced, diced, gaap cleansed and gone. Is it fair, no, but that is how bk's work.

If there was a huge chunk of change the way you guys are talking don't you think that the big players that would benefit in the hundreds of millions or billions would be all over this, trying to identify, subpoena, sue, what ever to get their greedy little hands on those assets. Probably not, they will just sit back and be polite and wait their turn to recoup billions. I don't think so.

It is the trustees role to communicate and discuss in great detail what assets are there, what investigations are happening to claw back assets, what lawsuits the trustee has filed against, jpm, the fdic, the thrift, etc.. They can not withhold this type of info if they know assets are there, it's illegal.

What happens to folks, they let their lack of experience get in the way of reality. The game is not played on a level playing field in bk's and unfortunately share holders with escrows, including myself, were sacrificial lambs.

Yes, there is a little money there, otherwise sussman and team would not have structured the settlement the way they did.

There are about 10 of you posters/dreamers who continue to tout escrows and I'm just bored with it. Let's talk potential of wmih, m&a, deals kkr has done in the past, etc., that is what this board is supposed to be, it's not the escrow dreamers board.

imo