Mr Cooper Group Inc (COOP)

[bkshadow]

Eliminated on Consolidation, in a financial reporting...

...is simple.

...done all the time; usually just intercompany balances and transactions.

...however, when the subsidiary shell is empty, there is nothing actually to eliminate. The subsidiary is simply eliminated on consolidation.

...not a legal term.

...WMIIH doesn't hold any assets as debtors (WMI a d WMIIC) assets are liquidated to pay creditors and, if enough, to lower classes.

...there are no hundreds of billions of assets missed by any of the credible parties (debtors, creditors and equity).

...and if WMIIC "has all the hundreds of billions of assets," why does WMIH have to "buy WMILT or pay WMILT" for them?