Mr Cooper Group Inc (COOP)

[rattlewatch]

It is my understanding that WMI will not be liable for any of the bonds since they where issued by the bank and if the bank will not redeem them the bond's are essentially worthless.

That's the way i see it ,It's the FDICs fight with the bank bondholders. WMI is suing for its other assets ,along with fair value for its 100% share ownership of the banks.

$4B cash
$10B suit against JPM
$13B suit against FDIC (DC court)
$2-3B tax return
NOL value;

Here's an interesting thread about the NOLs started by Gibson a few days ago on the other board:

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/threadview?m=tm&bn=86316&tid=275358&mid=275358&tof=35&rt=2&frt=2&off=1