Mr Cooper Group Inc (COOP)

[barefoot123]

As of September 26, 2008 (the “Petition Date”), the date WMI filed a voluntary petition for relief under Chapter 11 of Title 11 of the United States Code (“Chapter 11”) in the Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”), WMIIC held a variety of securities and investments.



All of the banking assets of WMI were sold to JPMorgan Chase Bank, N.A. (“JPMC”) by the Federal Deposit Insurance Corporation (“FDIC”) prior to the Petition Date

To liquidate just means to settle accounts by distributing assets...so...we still have WMIIC...somewhere... since the banking assets went to JPM prior to the petition date.