Hi LG, I read CBA09's posts very carefully - all of them. He did explain the process well. And I believe he knows what he is talking about. He also said that the process would require any such assets to be returned to the LT. However, I do not recall CBA09 ever pointing to any specific trusts out there that were going to be returning assets to our LT.
And I also wonder why no such assets have been returned yet. Not one dollar. And I refuse to accept any conspiracy theory that is not backed with direct or highly persuasive circumstantial evidence.
As for the hedge funds staying in: they also cannot trade their escrows, so there is no way they cannot stay in. As for their continued ownership of COOP: there are two reasons: 1) they like COOP's potential, 2) there are restrictions in WMIH's (now COOP's) Articles of Incorporation on major holders.
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