Replies to post #536437 on Mr Cooper Group Inc (COOP)

[hotmeat]

Read what I said..."Liquidate and/or Distributeassets".

What does this have to do with JPM and WMB assets?...nothing. Why can't an interest in assets be sold? They are sold to investors so there is no reason a long term 3rd vested interest in cash returns can't be sold to an interested party.


If WMI has SH assets, being still under bankruptcy, the LT could not be entrusted with those assets yet, hence the formation of a separate body, headed by Kosturos to oversee them. Hopefully the closure of the bk will release these assets for Liquidation and/or Distribution. Nothing like an S4V, no shares are being traded for cash or assets...???


Based on other posts there seems to be some Trusts that run out to 2030-40, any interests in those would still be active.