Replies to post #466146 on Mr Cooper Group Inc fka COOP

[rockie101]

What they should say is that they REALLY don't know....just guessing.

[muyuan51]

I don't want to be annoying, but please be so kind and change your third paragraph from "..separately filed BK #2" to BK #1 !!

All this numbers, one really gets confused by the time !
Please don't be offended !

muyuan51

[mattchew]

Excellent Post!
So the BK works, creditors of WMB will get a fraction of the moneys owed, as per the FDIC Balance sheet summary! FDIC and SB are off the hook, so to speak, WMB was insolvent! WMI was solvent, aka the 34B-8B=24B!

Voluntary Petitions for Bankruptcy Protection, Jointly Administered for Procedurally Purposes Only!

[PickStocks]

So in all WMIIC, hiding assets or wmi investments was being managed at 500k per quarter indeed was the holder of many fortunes not hundreds of billions but fortunes........well well....This does take a quarter to resolved may be even 2 quarters but payment will happen....

[xoom]

Good post BD. The WMIIC discussion was probably avoided at the SHM.
FWIW