Mr Cooper Group Inc (COOP)

[hotmeat]

Allow me to pose this question to you since WC apparently refused to answer it...simple query (in red) preceded by a short summary.


WMBfsb's capital stock was to be purchased by JPM at "BOOK VALUE" as stated in the purchase price of assets (P&AA). WMBfsb just prior to the seizure had over $29 Billion in equity capital ($46 Billion total assets). Was it not some of this excess capital that was earmarked to be down streamed to WMB by WMI management to increase its capital adequacy!?!


Did that $1.88 Billion payment from JPM represent "full payment" for WMBfsb's $29 Billion in equity capital???