Thursday, February 11, 2016 6:25:03 PM
http://edge.media-server.com/m/p/54m6k6xw
The WMIH discussion is at the 40:00 minute mark. Chris Kotowski (?) of Oppenheimer asked the question. Thanks for the direction to the question by Chris. How KKR views us: "SPAC"
https://en.wikipedia.org/wiki/Special-purpose_acquisition_company
With KKR's performance this past year, they are being scrutinized closely. Later in the transcript, he mentioned that deals initiated in the last quarter (Q4) are "ready" starting to open up. They are intending to take advantage of lower valuations and enjoy the volatility of the current market per the mention at 48:41 Sandler-O'Neil's M&A question regarding organic v inorganic growth. WMI called "non-inorganic" opportunity.
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