Replies to post #522274 on Mr Cooper Group Inc (COOP)

[lodas]

dmceng... in line with your thoughts about the foresight about an impending problem of the us banking system at that time..it can be noted that all financial institutions have risk management departments that would have a "plan B" should a bankruptcy occur... they plan for it, it is their job to protect investors money and the life of the institution... so, it is not unthinkable that a safe harbor strategy would be employed to keep the assets from creditor savages.....I wish now that I had an advanced plan for my wealth in place before the 2008 financial crisis....I had over 2.5 million dollars in both Bank of America, and citigroup, and lost every bit of it.... Lodas

[jerrylev]

Dmc, I don't dispute anything because I have no proof. But just like an average person can look at the sky and predict fairly accurately whether it will rain or shine in the next hour without being a weatherman, I look and see that the trust and FDIC were dragging their feet to pay a few millions in employee claims, the FDIC does a war of attrition to wear out the bondholders to make them settle for less than they are owed, etc. If escrow will have 30-40B let alone 299B, we ought to pay the claims in full years ago so that SH can get their money. You know some people may not live long enough to see their money.

Same thing with WMIH getting assets from WMI. If this is true then WMIH should not trade at a dollar and thirty five cents.