Replies to post #713560 on Mr Cooper Group Inc (COOP)

[BBANBOB]

OH and if IF IFIN ya dont believe this

HOLDING COMPANY'S HOLD THE ASSETS for the most part it is NOT HELD by the SUB short of what it take for the SUB to survive, then the well runs dry they go back to the HOLDING COMPANY for more funds

HMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM
WHY THEN HAD WMB BORROWED YES BORROWED 20 BILLION DOLLARS form WMI and was within 2 weeks of paying 10 billion of it back when WMB WAS SEIZED??????????????????????????

[Boris the Spider]

WMI knew the seizure was possible so all was prepared for well in advance. You don't risk $400B by leaving it exposed. The UWs and hedgies knew in advance as well.