Replies to post #119203 on Mr Cooper Group Inc (COOP)

[WaS]

As per page 22 of the P&A, if the FDIC is invoking this clause, then it has to be a deposit.

http://www.fdic.gov/about/freedom/Washington_Mutual_P_and_A.pdf

Article V (as in 9.5)
Duties with Respect to Depositors of the Bank