Mr Cooper Group Inc (COOP): Interesting DD Post by KentS ... Kent...

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Re: W3Research post# 404307

Monday, 09/08/2014 10:05:59 AM

Monday, September 08, 2014 10:05:59 AM

Interesting DD Post by KentS ...

KentS Friday, 08/22/14 10:50:27 AM
Re: A deleted message
Post # of 404331

LG see the following two FDIC links, and once in either one go to the bottom and click on "Generate Report".
WMB
https://www2.fdic.gov/idasp/confirmation_outside.asp?inCert1=32633
Inactive as of: September 25, 2008
Closing history: Merged with Financial Assistance into
Acquiring institution: JPMorgan Chase Bank, National Association

WMB fsb
https://www2.fdic.gov/idasp/confirmation.asp?inCert1=33891&AsOf=MostCurrent
Inactive as of: September 25, 2008
Closing history: Merged without Assistance into
Acquiring institution: JPMorgan Chase Bank, National Association

If you look at the net assets after applying liabilities, you have $53 billion remaining. Assuming no more than $20 billion for FDIC Administration fees, that leaves $33 Billion, which happens to coincide with Edgar Sargent's $33 Billion in his closing arguments in the IT hearings.
So that will yield the following to escrow equity holders:
Ps = $3490 per share,
Ks = $87 per share,
Us = $8.06 per share.