Mr Cooper Group Inc (COOP)

[hotmeat]

I just have one question concerning the WMI estate assets to WMIH theory.

Why would WMIH gift these $10's-$100's billions in assets to KKR, Citi, Fortress and every other non-releasing large investor for little in return?

Now: 200M shares "owns" $X Billion in assets

After Merger: 1.1B shares will "own" $X Billion in assets

Payment: $600M cash + NSM ($2B-$3B?) = $3.6B (most likely much less)



Does this make any sense to you???