Mr Cooper Group Inc fka COOP

[lodas]

using Rule 72 for the doubling of money, an investment will double ....that is if you take the present value of interest , say at 4% ,and divide it into 72, the investment will double in 18 years....it has been about 15 years since the Receivership of WAMU....lets posit that Atlantic could have gotten a minimum of 8% after taxes by using those dividends, they could have doubled that money in 72/8= 9 years...so, that loss of money now is actuarily equal to a IRS Tax loss.....so, what they are saying is that if they should at some time in the future they should receive a dividend from their investment, the FDIC can keep it, as Atlantic will take a tax loss and move it off of their books.. forever.... Lodas
https://www.google.com/search?q=what+is+the+formula+for+doubling+money&btnK=Google+Search&client=safari&channel=mac_bm&source=hp&ei=EOKGY-mbAYakkPIPk6OE0AI&iflsig=AJiK0e8AAAAAY4bwICSTaT3wWiYfc5vTrCN3gtA79Hug