Replies to post #586010 on Mr Cooper Group Inc (COOP)

[hotmeat]

The BANK assets that were seized were not part of the bankruptcy case and as such were never re-evaluated...it was always a WMB Receivership issue between the FDIC and JPM only.

You may want to reexamine your """facts""".


EDIT: All I was simply stating was that the FDIC allowed JPM to manipulate the bidding process by undervaluing WMB's assets during negotiations. This resulted in them being allowed to purchase the assets for $1.88B. This has nothing to do with any assets that WMI possibly held or still hold now, or the ongoing bankruptcy..

[tony_t]

You are right footballref and based on facts..others are wrong and based on opinions