Mr Cooper Group Inc fka COOP

[ron_66271]

If JPM ‘Found’ $30 Billion, Then…

WMB’s book value is now $337.2 Billion for WMB and it’s Assets.

Or;

Just because JPM found something, doesn’t mean that it was lost!

Accumulation of interest payments on either number is big even at FJR of only 1.95% rate.

Time for the FDIC to start releasing now undisputed funds to reduce accumulation of interest payments.

The WMB Notes are backed by $26 Billion in assets which should cover the Covered Notes obligation of $14 Billion as claimed by the FDIC.
Therefore proving WMB’s 2008 solvency.

With WMB’s proven solvency, there is no justification for the FDIC to have a lien against the Retained Earnings of ~$25 Billion and/or any other assets of WMI.



Ron