Mr Cooper Group Inc (COOP)

[mordicai]

EC exhibit 217 prepared by Quinn 5/6/2009 titled Washington Mutal Claims Analysis Slides ... exhibit copy only provided to debtors.


Wow. This is part of the evidence. This most probably was what prompted Walrath to turn 180 degrees on the examiner when Susman appeared and the hearing took place in chambers. I don't remember it being admitted into evidence at the last confirmation hearing.

This plus the PSI hearing report being admitted (or at least a ten page summary highlighting the important points by TPS) should be enough for her to vacate her fair and reasonable ruling on the gsa, together with the evidence showing it was all done in bad faith.

As to values in the liquidation trust, we have two $250 million insurance claims, they admitted boli at 88 million, our expert added 150 million for value of reorganized company, we did not get to see the value of the trust of the reinsurance company reserves but I think berg placed a value of 400 million, auditor suit, a and m suit, weil suit, and according to the tps lawyer gs apparently packaged and sold 14 billion in bad loans mortgages that wmi has a claim against. And of course the claims against JPM and FDIC when the current gsa is set aside.