Mr Cooper Group Inc (COOP)

[LuckyPanda]

I think that's the $86B question. Why hasn't FDIC closed the receivership? Especially when it has been saying for years that it only has a few hundred millions left...not enough to even satisfy class 17. It keeps using Libor lawsuit as an excuse to not close down the receivership. But there have been banks that would also benefit from Libor lawsuit wins that have already closed. So why hasn't Wamu receivership closed?

Why can't the FDIC give us a clear answer.

Everyone should email FDIC with this question:

If only a few millions left in the receivership, then why can't they distribute the crumbs to class 17 now and simply issue them escrow markers tied to potential future Libor wins? Close the receivership now!