Replies to post #412421 on Mr Cooper Group Inc (COOP)

[BBANBOB]

Not that it matters but I have said all along that the WMB BONDS should never have been here as that is piercing of the corp umbrella(veil),WMB issued and backed em NOT WMI

But they were what 300mill$$$$$$ or so

[bkshadow]

That would violate the FDIC Act Mandate...

...and cannot happen.

The FDIC Act Mandates that the priority classes of receivership creditors is followed. The FDIC Act Mandate is what everyone agrees with. There simply isn't enough money in the receivership.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110039697

It is quite simple, actually. Such a priority requirement is fair and reasonable to the receivership creditors.