Mr Cooper Group Inc (COOP)

[investorhub123]

I do believe this is the premise of the pro-escrow group here.

Hard to think that JPM only paid 1.888 Bil for anything other than the deposits. Sure the deposit base is on the books as a Liability, but we all know that the depositors(actual people) are the lifeblood of a bank representing new business in the way of car loans, home loans, credit card loans, etc. etc..... thus an Asset to the Bank.

I don't think anyone knows what the numbers will be, but I do think the deposits were something less than the 188 Bil number, as I believe that number was the dollar amount WAMU had as of June 30th, 2008.....I'm sure it was something less than that and would point to the $151 Bil subrogated amount which is listed on the FDIC website.

https://www5.fdic.gov/drrip/bal/balancesheet.asp

The question in my mind is.....Will JPM be made to pay Book Value + interest? or will they be made to pay Market Value for the assets they ended up with?
I would say Book Value would be the norm when a Bank is taken over by the FDIC, but we all know that this is anything but normal...maybe any assets from WMB would be at Book Value + interest and Holding company assets would be paid at Market Value.....