Mr Cooper Group Inc fka COOP

[JohnnyWinter]

It sure does, and everybody knows that the FDIC sold the bank for less than reasonable value. The bad part for WMI shareholders is that when more is paid for the bank, the creditors of the bank will be made whole before the holding company even sees a penny as the primary shareholder of the bank.

As far as fraudulently transferring assets that belonged to the holding company and not the bank, WMI doesn't really have a case as far as that goes. Almost all of the value was under the bank.


FYI- If you look at how long that case took to settle along with who ended up paying for the legal fees, one could reasonably argue that it definitely wasn't worth it, and by the way, your response does nothing to dispute the fact that there are valid claims against WMI that will indeed prevent the turnover of "the deposit" money if THJW ever rules on it.