Replies to post #630637 on Mr Cooper Group Inc fka COOP

[ItsMyOption]

BBan, yes I feel the P&AA was poorly written by FDIC legal and gave too much to JPM without understanding that the majority of the assets did not belong to WMB and as Blair found out later she could not pierce the corporate veil from the WMI Holding. So I agree this delay could be about what was promised within the P&AA both assets and liabilities that JPM got or thought they got.

In the end it was FDIC that took control and they are legally responsible for any damage to the Estate

What I meant to convey DIFFERENCES BETWEEN THE FDICK and JPM.


As it would BOBVIOUSLY BE as JPM wanting to pay nothing and the FDICK being on the HOOK to make sure they pay what they owe.

[JB3136]

just slow down and read things more slowly ya freakin spaz. LOL