Replies to post #686433 on Mr Cooper Group Inc (COOP)

[testdaduda]

What did Dr A say years ago 80 Billion + add interest through all these years.. The sources #s would be awesome too…Also A&M was billing all theses years especially the last 8 years to keep track of what..It’s time to show us the money!!

[lodas]

Boris.. why not post some links to your assertions of returning estate money, instead of rehashing 14 year old stuff that has no more legal force, or standing to your assertions....did you read the POR 7, page 47?....that is a legal document, signed by all parties to the agreement and signed by the judge... now, you don't have to believe me, but denying court signed documents goes to your credibility....take the time to read this document, then make your assertions with regard to the official language....Lodas

[novascotiaSTS]

So, pre 2008 WaMu made 150 B worth of mortgage loans, structured them in the form of MBS and proceeded to hide them from its balance sheet for the benefit of its shareholders without telling them.

This would have made pre 2008 shareholders and management much poorer (because the hidden loans would have no longer contributed to WaMu’s balance sheet and P&L and therefore lowered its valuation and share price) AND it would have meant defrauding the post-insolvency shareholders, who would have never sold their WMI shares for pennies if they had known about the hidden assets worth 150 B.

So WaMu’s management decided in 2006 or 2007 to hide assets and screw current shareholders in order for some other investors to benefit from this in 2022? Really?