Mr Cooper Group Inc (COOP)

[hotmeat]

What I'm saying is why use shares that are only valued at $1.40 to purchase "WMI assets" at close to premium, when cash could be used to leverage government assets for a fraction of the cost.

When the WMIH pps increases to $5, $10 etc those 2.4B shares will now be worth $12-$24B instead of the utilized value of $3.4B which was wasted on the S4V.

At the higher pps WMIH would be able to attract larger target companies by using this increased stock value for effecting mergers or leveraged buyouts.

Not one Marker holder would sanction any of ""OUR"" WMI assets being sold at a huge discount to WMIH, which very soon will be for the greater benefit of KKR and Fortress, not those who released.

You're severely missing the point............