Mr Cooper Group Inc (COOP)

[hotmeat]

Those that keep referencing that "Book Value" must to be paid need to understand what the FDIC/JPM did was to criminally undervalue the assets of WMB and as such create a value for WMB and it's assets of $1.88B. This was made much easier to accomplish due to the financial meltdown and related market panic that was occurring.




BOOK VALUE

The book value literally means the value of a business according to its books (accounts) that is reflected through its financial statements. Theoretically, book value represents the total amount a company is worth if all its assets are sold and all the liabilities are paid back. This is the amount that the company’s creditors and investors can expect to receive if the company is liquidated.