Mr Cooper Group Inc (COOP)

[jackson227]

Here is my last e-mail to Steven Church.

He is actually a nice guy and it seems as though he is trying to report what is going on, however, I feel he is not performing his duties as a journalist to the best of his abilities, which is why I am continually prompting him to cover only issues that can be backed by verifiable facts.


"Steven.

I have another question, but this one is related to another story you just wrote regarding JPM and Washington Mutual Inc.

My question is related to the following quote from the following article.

http://seattlepi.nwsource.com/business/398065_wamu30.html


"...it bought WaMu's bank and other assets for $1.9 billion last year."


To what "other assets" are you referring?

The FDIC does not have the right to sell any non-banking assets, nor do they have the right to receive any non-banking assets.


So, either your reporting is inaccurate, or the FDIC did indeed transfer assets that they had no rights to receive or transfer, and if they indeed did sell non-banking (or as you refer to them as "other assets"), then why are you not reporting about the FDIC transferring assets that they had no rights to transfer?



Also, why have you not reported on the fact that Washington Mutual Inc filed a claim against the FDIC?

There are several court documents that prove that WMI's legal team not only prepared a claim agains the FDIC, but also filed it on 12/30/08 ?



In addition, you wrote an article talking about how Washington Mutual Inc owes the IRS money, but you still have failed to report on the fact that court documents suggest that Washington Mutual Inc is expecting a significant REFUND from the IRS.

It seems to me that you are not covering the whole story, and by failing to do so, you are misleading the public about the real happenings in this case.


If you could please respond to my inquiry, it would be very much appreciated.

Thank you kindly, and have a great weekend!"