Tuesday, October 25, 2022 11:01:27 AM
HMMMMMMMMMMMMM MR COOPER HOLDS THE CASH, I notice ya didn't SAY MR COOPER OWNS THE CASH nor the MBS
Please all remember NO ASSETS OF THE ORIGINAL DEBTOR can RETURN TO THE REORG'd DEBTORS ESTATE !!!!!!!!!!!
Now I do not THINK this means they can not buy it but, not so sure that WMI would sell it.
My vision is that WMI emrges from the ashes and via a TRIANGULAR REVERSE MERGER acquires it's SUBS BACK( INCLUDING WMIH/NSM) and all is in the same house then... Notice NO WHERE does it state that the ORIGINAL DEBTOR can NOT BUY the reorg'd debtor!!!!!!!!!!!!!!!!!!!!!!
But I also feel that once that is done, THEY WILL GO PRIVATE IMHO
They can never let out to the public just how valuable WMI really was or it will destroy the HISTORICAL perspective that WMI/WMB was insolvent and that the FDICK and JPM and OTHERS were involved in a 5th taking/RICO case of historical proportions the likes of which have never been seen before
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