Replies to post #740228 on Mr Cooper Group Inc fka COOP

[ron_66271]

WMI was $375 Billion in Assets.

• WMB;
Payment of WMB and its assets and damages from the FDIC can only be cash. No JPM Stock.

• New WMI(WMIHC the former);
WMIIC and the other +$40 Billion in unaccounted for functioning Subs held by the Parent WMIHC distributes new shares to old commons shareholders.

• LIBOR CDS Settlement;
Cash distribution of all accumulated funds to all ABS/RMBS holders (CT, Preferred, …). This includes WMIIC, Preferred Funding, Retirement Funds,
This holds true for Lehman’s and F&F.

TBTF owes $1.5 Trillion to the ABS/RMBS holders for losses covered by the CDS.
SWF to the rescue TBTF..




Ron