Mr Cooper Group Inc fka COOP

[mordicai]

I have always been skeptical as my posts indicate. But the FDIC $400 billion Libor actions in New York and London on behalf of wmb and 37 much much smaller banks are real. The proceeds would have to be split up based on loan originations, so the wmb receivership would get the super majority of the proceeds. Now whether or not anything received would totally pay off the wmb noteholders and leave something for equity is questionable. But if indeed the LT got all the WMI assets as Rozen stated again in court, then it is worthwhile to at least keep a record of the P ownership imo.