Mr Cooper Group Inc (COOP)

[hotmeat]

So the $4B Deposit + $4B from 363 sales makes (your claim) $8B. WMI paid out $7B to Creditors. What happened to the rest plus the $1-2B they got from the split TAX RETURNS???

From my math that leaves about $1-2B in excess of what was paid out. Where did it all go and why are we still in bankruptcy?


Quote..."Washington Mutual announced in December that it was submitting a new plan to distribute about $7 billion to creditors after reaching a settlement with major creditors, including those who had made the insider trading allegations against the hedge funds."