Replies to post #111756 on Mr Cooper Group Inc fka COOP

[drsilicone]

The FDIC essentially stated that they would not allow those funds to go back to WMI. They quoted law (or mandated powers) pertaining to the FDIC authority in these matters which stipulate how any judgment of funds deemed to be a "deposit" would first have to come through the "receiver" (FDIC). There is no allowance for funds to go directly from JPM to WMI without first going through the "receiver" and that in that role they have passed judgement already that WMI is not entitled to this money as a "demand deposit" and even if they did there's the matter of "shell games" and tax credits in the amount of ?~3.1 billion