Mr Cooper Group Inc (COOP)

[BBANBOB]

JHD

As you have heard me say 1,000 times here, ""HERO OR ZERO"" and ""I WILL STAY grounded as to returns"" AND ""Hope for the BEST and EXPECT the worst and you'll never be disappointed"".........

32-8='s 24 some say that the 24 was the VALUE of the WMB stock, to me that is a ridiculous statement since the bank was SEIZED first,making it's stock worthless, so the 24 was not the WMB stock..............................................
Now we DO KNOW FOR FACT that WMB PR'd that they were going to make a 10 bill dollar payment on the 22 bill they owed to WMI in three weeks and the balance 10 bil and 2bill in interest within the next year, and THE FDIC RUSHED IN 3 weeks after that PR and seized the bank!!!!!!!!!!!!
OK SO WHERE the H E L L did the 22bil go?????? 22bill doesn't just go POOF GHONDI NOW DOES IT????????
Also remember the 2200 plus brick and mortar locations, do any think honestly they have no value???? OH and the FDIC said they would cancel any leases on building that were leased and would maintain the others.........................

One has to admit, it has always been amusing that no one seems to want to sell their legacy on the cheap, they always come up with numbers like $250 for a P yet they supposedly basically consider it valueless

Time will tell and time tells all my friend

OH and 32-8='s 24 WAS NEVER CHANGED OR RESTATED so did WMI FILE A FRAUDULENT BK FILING????? Never saw any charges or suggestions addressing that HMMMMMMMMMMMMMMMMMMMMMMMM

I guess the real bottom line is WHY DOES WMI have a claim against the FDIC and for what??????
OH while we are at it HOW CAN WMI HAVE A CLAIM IF IF IFIN WMI no longer exists as many suggest