Mr Cooper Group Inc (COOP)

[marayatano]

I am not following you. You trying to assert that the HF is the Debtor. That is not true. WMI is the debtor. HF is the "individual" who used non public info to trade.

Like I said, it does not matter were the money came from. It is the INDIVIDUAL that is responsible if they lose.

Example: EC is the plaintiff. HF is the defendant. EC wins $3 billion and obtains judgment. It does NOT matter where the money comes from, the HF will come up with $3 billion. If the plaintiffs execute their judgment, they take the corp bank account, assets, whatever, it does not matter. It is the INDIVIDUAL that is responsible and yes, there will be $3 billion available for the taking.

What you are talking about is if someone files for BK, their IRA, 401K pension, etc. is exempt from creditors in an bankruptcy estate. HF is not the Debtor here. They are the defendants. All their assets are up for grabs.

"are ya feelin' me?"

... and I WAS actually a heavy heavy common holder... until the landscaped changed... I adjusted my positions long ago.

imo