Replies to post #562255 on Mr Cooper Group Inc (COOP)

[Dmdmd2020]

Goldman Sachs and Morgan Stanley were retained by WMI to sell the bank prior to seizure.

Per Kirsten Grind’s book, “The Lost Bank...”

Page 269:

“Saturday and Sunday, September 13 and 14 [2008]...

Fishman and his investment banking advisers from Morgan Stanley and Goldman Sachs sat around ...

Steve Frank, chairman of WaMu’s board, and David Bonderman also arrived to help. For the next ten days, the people in the WaMu camp would rarely leave the room. They were now trying to sell the bank.”