Mr Cooper Group Inc (COOP)

[lodas]

newflow......Credit Suisse was sold for 3 billion dollars to UBS...this was a a company over 150 years old, and the Bond Holders were wiped out... CS had investments all over the planet, which had a lot of existing equity that was wiped out too...so, when there is bankrupt, all equity suddenly vanishes... look at Elon Musks statement, about twitter... he says the company he paid 44 billion dollars for, is now worth about 20 billion dollars.... what happened to the equity Elon paid for?...it is gone, it never was, it was all air ....what happened to WAMU equity?.. JPM took the assets and sold them off in a fire sale... he took the best assets of Home Savings, Ahmandson, Great Western, Providian, and wrote them down below negative worth... WAMU got nothing for these assets... how do we know this?... the FDIC is holding a negative 14.6 billion dollar deficit in the balance sheet at the FDIC....the WMIL-T is closed, the officers are gone, and it took time to wind it down..the payments to close the chapter 11 were authorized and made to creditors and equity shareholders when the chapter 11 closed ...it is not my business to make you believe anything.... that is your privilege to believe what you want... I am stating that according to the GSA, as ratified, page 95, articles 41.1, and 41.2 state Title to assets belong to WMI, and shares in the old company were cancelled, along with any dividends, or any rights to the old estate... read the documents....Lodas