Replies to post #120247 on Mr Cooper Group Inc (COOP)

[Jestiron]

There is a play on words that is still confusing to me and should be good cause for specificity. There is "parent","owner","subsidiary","control", etc.

Here is how I understand it:
WMI is the parent of (until seizure) WMB
WMI is the parent of WMBfsb independend of WMB

The Subsidiary List for WMI is here:
http://www.wamuequity.org/subsb4/

IF IF IF WMBfsb is a DIRECT subsidiary of WMI, and WMBfsb was soluble (and therefore not touchable y the FDIC), then why would the FDIC think they can take and sell them AND OUR DEPOSITS from WMBfsb?