Replies to post #558220 on Mr Cooper Group Inc fka COOP

[baldeagle1]

Great catch Large Green! It is assets associated with WMI, not WMB, that are perceived to be in "safe harbor", in which we are interested. So yes, they skirted the real issue, by referring "nothing here to see", as related to WMB! LOL!

[LuckyPanda]

LG, I think you need to read 18 carefully again. Note the "or" statement

Management of the Trust is aware that certain individuals who have an interest in the
operations of the Trust (e.g., legacy shareholders who do not yet hold and may never hold
an LTI) have suggested that the Trust is hiding assets or is entitled to value from the
Washington Mutual Bank receivership.


I understand that the ABS interests belong directly to WMI and not WMB and they are "remote bankruptcy" but the statement above stating that we are not "hiding assets" is such a sweeping and potentially misleading statement that even when the "off bankruptcy" assets return, I would think the LT would be legally liable for using such language.