Mr Cooper Group Inc (COOP)

[hotmeat]

Through their sale for CASH, not shares in WMIH. WMI indirectly owned Participating Interests (PI's) in MBS assets via SPE's, NOT THE ACTUAL ASSETS.

These PI's produce CASH therefore I find it extremely idiotic that a CASH producing asset will be "sold" for SHARES in a fledgling company.

Also, as the LT's mandate states, Liquidate, CONVERT TO CASH and Distribute, not trade assets for shares as you suggest.

The same applies to the FDIC which does not trade assets for shares in companies but rather liquidates them for cash which they are obligated to distribute.


What single piece of fact or document gives this S4V theory any credibility??? To my knowledge current and past events, and documents debunks it at every turn.