Mr Cooper Group Inc (COOP)

[ron_66271]

Bob, We Don’t Have the Number for WMB.

WMI valued WMB at $307.2 Billion and sued. $7.9 Billion has returned to WMI. The Exchange Event and the Turnover Action.

FDIC’s response; “$299.7 Billion for WMB and it’s assets”.

The numbers work! “Willful Misconduct” adds a multiple. FDIC is closing the books pertaining to any liabilities of WMB. I know of no liabilities of the bank. The numbers will be adjusted.

Hint; no one is complaining regarding WMB liabilities.
MARTA?

Remember, investments show on the books as a liability until liquidations.

The FDIC’s responsibility is to make JPM pay.


Ron