Mr Cooper Group Inc (COOP)

[hotmeat]

A+M are primarily staffed by accountants, they supplied 6 employees to both the LT and WMIH, since 2012.

Not sure what exactly they did for the LT but they carried out all the tasks required by WMIH since it had zero staff of it's own.

If you look at their rates, senior staff averaged about $600-$800/hr, while the rest, averaged about $100-$300/hr.

IMO, it was a cushy gig given out to further "milk" the estate, hence the delays and inaction from the LT.

Bankruptcies are a cash cow for lawyers and firms so this is nothing new.