Replies to post #437494 on Mr Cooper Group Inc (COOP)

[hotmeat]

I know about the 2.5% WMIHC is to receive from commons 25% share of the spoils but can you direct me to where that provision is documented ???

[tcr7309]

bban, since you mentioned me.

you are talking 50 billion right. so jpm at some point of time had control of 50 billion in wamu holding company assets. Let me wrap my head around this. So they managed those 50 billion in wamu assets because they were getting paid to do so, hmmm, who was paying them again. OK, let's just say fdick told jpm to manage them and fdick will give jpm 2/3rds of the assets as their fee. When fdick-r is ready, jpm is suppose to give fdick-r back a third. I think this is what you are saying. The only way for this to happen is for fdick to cut the deal right with jpm. When did this occur and where is it documented again. So So sorry, all off book., I keep on forgetting. lol.

Remember fdick-r has a charter and legal responsibility (fiduciary) and that fiduciary is to communicate accurate and truthful information as the receiver to the estate. As of june 2015 fdick-r stated that they had 2.75 bil in cash of wamu's and they have a 10 billion lawsuit against them filed by db and about 50 other lawsuits filed by jpm against fdick for responsibility for wamu liabilities, hmmm. So all this is going to miraculously work itself out for wamu holding to receive 18 billion, lol. and thus given to escrow through LT. ok sure it is. Did fdick-r as recently as june 2015 state it is very unlikely that jr's and share holders will receive anything.

Do you actually think this is possible, never happened before in the history of how fdick-r works but wamu is different because jpm and fdick are scared that the truth will come out.

is the aforementioned more likely or is it more likely that:

JPM HAS STOLEN ALL THE ASSETS OVER THE PAST SEVEN YEARS AND HAS TOLD WHOMEVER, FDICK, SUSMAN, ROSEN, HEDGIES, FU, THE ASSETS ARE OURS, THEY WERE SO COMMINGLED OUR ATTORNEYS AND BEAN COUNTERS ARE CERTAIN THEY WILL WIN IN COURT FOR THESE LEGAL REASONS.......... SUE US IF YOU THINK YOU WILL WIN, IF NOT FU. BYE BYE WAMU HOLDING COMPANY ASSETS.

hmmm, my scenario or yours, remember bban, jpm never gives anything back unless a trustee or some other entity threatens a lawsuit or sues them. Maybe a judges order would do the trick, do you see that coming. Stealing assets is all part of jpm's business model.

wow, how naive. nice thoughts though.

all imo