Mr Cooper Group Inc (COOP)

[tcr7309]

meat, i posted that document as I knew it would be a lightening bolt for escrow dd'ers like yourself. Under normal situations I would agree that a good accounting firm with a good legal team could have protected those assets. the problem with wamu is they did the analysis because they knew the chit was going to hit the fan but I DON'T THINK THEY EXECUTED CORRECTLY EITHER SAFE HARBOR OR LEGAL ISOLATION. Who is managing those assets for wamu holding, you say jpm. why would they do that, unless it was a way for them to steal the assets because no one is looking for them.

where is the first escrow payout. in a normal bk, the trustee would have put 15 billion on the side to pay claims and then return the rest to creditors, bond holders and equity but there is only 2.75 billion at fdick-r so who has all the assets. JPM? why would they do anything to help assets return to wamu, it makes no sense.

If there were assets of significance there someone would know about it, right. so lets say no one knows except fdick, fdick would have sued jpm already if they were looking for any such assets.

give it up, jpm stole the assets, it's very clear to me.

all imo