Hypothetical: IF IF IF 150B in assets does exist, would WMIH be able to make a play and acquire both Fannie and Freddie? That would recapitalize both as well as provide a way to collect on the MASSIVE profits that the government has been "sweeping" while also using NOLs to offset the ridiculous profits over the last several years. It would also put WMIH back where is is supposed to be...mortgages.
Many here know me well enough to know my "theories" are always half-baked...but sometimes they shine light on other theories by the board.
GLTA!
Jest
NOTE: Do not make investment decisions based on the information provided in my posts; past, present, or future.
As Always: "Trust But Verify" -Ronald Reagan