Replies to post #703672 on Mr Cooper Group Inc fka COOP

[BBANBOB]

First what the guy doesn't UNDERSTAND is that the 16 bil that LEFT the company in the orchestrated withdrawal actually TOOK 16 bill in DEBT off of its books deposits may be used to loan out money, BUT THEY ARE OWED TO THE DEPOSITOR so they are actually DEBT on the books

[lodas]

bankjob......Heloooooooo!!!!... the chapter11 is closed now for 11 years....all that "stuff" you are posting is non adjudicated trash...just like someone else I know who rummages in the dumpster bin...all that matters now is what was agreed to in the chapter 11 closings between all parties to the agreement... also, you might "bone up" on the GSA agreement in which you said that you are not hung up on that stuff... read page 95, articles 41.1 and 41.2 in particular....I answered your questions by referring you to these documents...WAMU was one "sick puppy", thats why they ended it in receivership...as a matter of fact, WMI was lucky to come out alive with 6.5 billion from the GSA settlement, and had to eat the 20.7 billion in shareholders Retained earnings to get the GSA deal done..redacted documents? what about them?... everyone that does the chapter 11 route knows that you cannot "hide assets" in court illegally...Lodas