Mr Cooper Group Inc (COOP)

[JohnnyWinter]

Actually WMI owned shares of WMB, but WMB is/was its own entity business and is/was not an object (like a car in your "example").

WMB (the business) generated their own NOLs, nobody else generated their NOLs, WMI did not generate WMBs NOLs, and WMI is not entitled to WMBs NOLs.

You own shares of WMI. Do you get WMI's NOLs????? Of course not, because you are not WMI. You are only a shareholder of WMI.



In addition, since WMB was placed into receivership and since WMB had its own CREDITORS, WMI's shares in WMB are worthless until the creditors are made whole.