Mr Cooper Group Inc (COOP)

[newflow]

Where did FDIC got 127Billion in Sept 2008?

In accordance with our AUPs, we verified that the FDIC’s summary account information, prepared using the USSGL accounts, agreed with summary information from the FDIC’s general ledger accounts and was accurately entered into the GFRS financial statement modules as of September 30, 2008 and for the fiscal year then ended. However, we did note that Contributed Capital of $127,531,741,537 reported by the FDIC in the GFRS Income Statement for the fiscal year ended September 30, 2008 was not derived from the FDIC’s general ledger accounts. DOF representatives told us that they entered certain financial information into the GFRS that was not derived from the FDIC’s general ledger accounts in order to accommodate calculations made by the GFRS financial statement templates. Our disclaimer3 in the GFRS includes narrative indicating that the referenced amount was not derived from the FDIC’s general ledger accounts. The FDIC separately reported Contributed Capital of $127,269,216,557 in the GFRS Balance Sheet for the fiscal year ended September 30, 2008. That amount was derived from the FDIC’s general ledger accounts.

https://www.fdicig.gov/2009reports.asp

Try
09-001 12/17/2008 Verification of the FDIC’s Data Submissions through the Governmentwide Financial Report System as of September 30, 2008

Is this the off-sheet balance?