Replies to post #488529 on Mr Cooper Group Inc (COOP)

[bkshadow]

Reiko, I don't think you'll be getting...

...that explanation as to how a subsidiary with no assets that is eliminated on consolidation 'really has tens to hundreds of billions of hidden, secret, off balance, safe harbor assets.

...I guess all of the professionals, credentialed, that actually 'worked the case (and didn't just start reading about it) must have MISSED IT?

ReikoBlack Thursday, 09/21/17 01:29:59 PM
Re: AZCowboy post# 488515
Post #
488529
of 488567 Go
AZ, can you correctly interpret what "eliminated upon consolidation" means? ;)

i.e. - WMIIC does not currently have any assets or operations and is fully eliminated upon consolidation.

Quote:
I am pretty good at understanding our legal system, litigated law, finance, investing, legal contract disection and sequencing, and I can usually quickly spot, legal language purposely used to be ambiguous

...as "dissected."

...along with the R-45 Capital Losses.

...that had to happen by March 2017 (the 5-year rule, 100% guaranteed).

...or the Deutsche Bank "Notices" to escrows about the $165B "coming back," 100% guaranteed (along with the ABS 'certs LOL).

...more fatal, however, imagine the surprise of the Deutsche Bank Trustee, the MBS trust owners, their credentialed attorney's and professionals, the CA Probate Court, the Expert Witness, etc. to now find out that their Court approved claim against the receivership has now been pushed down below the Senior Noteholders (per the chimerical assertion)?


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