Mr Cooper Group Inc (COOP)

[Dragynn]

Wrong again Johnny.

"WMI will NEVER get their hands on that $4 billion as there are too many valid claims against the estate that will outweigh the value of the deposit (if Walrath ever rules that it indeed rules that the money belongs to WMI) which will prevent the actual turnover of the money. You will find this out sooner than later. In addition, the DC court has jurisdiction over certain items, not just valuation of the bank's assets, and you will find this out sooner than later as well."

WMI WILL get their hands on that money, again, you forget (or neglect to mention) that WMI is in bankruptcy court, and again it seems I need to remind you, that it is chapter 11, re-organization, not chapter 7 liquidation.

Creditors have NO power to touch any monies returned to WMI while WMI is still in the bankruptcy process, WMI will submit a plan for re-organization, which will likely include plans to eventually pay off those creditors.

Do you understand how bankruptcy works?

"Chapter 11 allows a debtor to enter into an agreement with creditors under which all or a part of the business continues. The debts of the business are restructured so as to allow the debtor to continue his business operation."

http://www.extension.umn.edu/distribution/businessmanagement/DF7296.html