Mr Cooper Group Inc (COOP)

[ron_66271]

WMB never Failed, but was a 5AT.

WMB was used to shore-up JPM.


Please see Doc #1997;

Court Docket: #1997 Email
Document Name: Debtors' Motion for an Order Pursuant to Bankruptcy Rule 2004 and Local Bankruptcy Rule 2004-1 Directing the Examination of Witnesses and Production of Documents from Knowledgeable Parties
Date Filed: 12/14/2009

http://www.kccllc.net/wamu/document/0812229091214000000000008

side note; see pdf 435/825 for ANICO


"For the "CIC Summary Judgement" to be signed "the Payment" has been made." It's not a Golden Parachute because WMB did not fail, but was 5AT seized. WMI was not a Bank Holding Co, but a Holding Co. The FDIC was/is out-of-bounds.


For Damages see Foot Notes in Doc #5885

Court Docket: #5885 Email
Document Name: Debtors' Motion Pursuant to Section 554(a) of the Bankruptcy Code for Authorization to Abandon WMI's Equity Interests in Washington Mutual Bank
Date Filed: 11/12/2010
Related Documents [5]
8513, 8426, 8343, 8135, 8104

http://www.kccllc.net/wamu/document/0812229101112000000000029

For a number for payment for "WMB and it's assets";
~$299B - $645MM - $3B ish, then add interest and multiply by three, use "use-value" and use the greater. The WMB Noteholders won, twice [WMI I "the WMI Action",and WMI II "the WMB Action".

Somewhere around $900B.

JPM has raised $1.4T from Euro Bonds.


HLCE,
Ron