Mr Cooper Group Inc fka COOP

[WaS]

How can THIS be legal? Wamu still didn't get it's records back. This is ridiculous. JPM knows how to play the game though. Gotta wonder how much WaMu will NEVER recover because JPM won't ever even let them know they own it.

"As a result of the Sale, (i) substantially all of the Registrant’s employees ceased employment with the Registrant and commenced employment with the Purchaser on the Sale Date, and (ii) the Purchaser obtained custody of substantially all of the Registrant’s books, records and systems. Accordingly, the Registrant is currently unable to complete the preparation of its consolidated financial statements for the quarter ending September 30, 2008 as it does not have access to the necessary personnel and to major components of its books, records and systems, and does not have the capacity to have its consolidated financial statements reviewed by the Registrant’s independent auditors and certified by the Registrant’s current executive officers."

http://finance.aol.com/company/washington-mutual-incorporated/wamuq/nao/NT%2010-Q/081178090/html/sec-filings