Replies to post #595830 on Mr Cooper Group Inc fka COOP

[vodkadejour]

I noticed you didn't get an answer

[tzebedee]

Voodoo, youre startin sound like ither non-bievers lol. You want facts,, pretty simple really. The whole pie is served not one second before the close of the bk. So, upon the ring ding of that, then those whom are out of the light, will instantly be in it. Remember, they didn't get away with it. They actually got caught

[Major_Bankz]

The first one is easy and documented, $32B assets - $8B liability = $24B per their CH 11 filing.

[xoom]

Voodoo, if I recall correctly, in one of the hearings, BR said to JMW that the movement of that 4B , at that point in time would crash a major entity. And I am guessing JMW did not want to cause any more emergencies. Hindsight 20-20, questionable, unless the plan was to leverage that same $$ to generate more money to eventually pay off the WMI shareholders with their own money. FWIW