Mr Cooper Group Inc (COOP)

[hotmeat]

"So, WMB was not seized by the FDIC, sold to JPM,"

Never said otherwise


"and the creditors of WMB were not adjudicated in Delaware!"

WMB creditors ie the Bondholders tried to seek payment from the WMI bankruptcy but were adjudged by the court to be creditors of the FDIC as Receiver of WMB as stated in the POR. They are not party to the WMI bankruptcy or it's estate other than the money received in the settlement for litigation.


"Any and all value of WMI belongs to former shareholders and the reorganized Debtor."

Cancelled stock ie Commons cannot own anything...they are gone. I've posted the text a million times and yet no one can explain it away. As for WMIH, they only receive what was stated in the POR, nothing more, they are the Successor of WMI, NOT it's Successor In Interest. Huge difference.