Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Yes HM' ... That is Correct ~

... for a clear understanding of what the process fully entailed' ... a complete review what actually initially occurred, is critically important' ...

WMIIC Filed for Chapter 11, Delaware Bankruptcy Protection - First - so, that legally, WMIIC would be placed under the protective custody of the Federal Court System' ... (WMIIC filed @ 10:15pm 09/26/2008) ...

Also, ... This is Important' ... WMIIC filed for BK protection, without listing any creditors or any debt' ... So, ... WMIIC's value would never come under any debtor class scrutiny'

Then, ... WMI Filed for Chapter 11, Delaware Bankruptcy Protection - Second - so, this second BK Filing, set the Bankruptcy Process into motion, listing of course the $32 B in assets, and the $8 B in liability's ... (WMI filed @ 10:16pm 09/26/2008)

There is much, much, more, if ya'll want me to keep going ?

AZ

creditors were paid with all cash, not liquidated assets. The answer is clear, WMI retained highly rated assets as income generating vehicles and these were administered by their sub(s) (WMIIC?).