Mr Cooper Group Inc (COOP)

[ron_66271]

The MB Finally Overcame Your Arithmophobia.

The fear of large numbers.

WMI sued the FDIC for $307.02 Billion. WMI knew the value of WMB and its assets.

About $8 Billion came back from the Turnover and the TPS Exchange Event reimbursement.
The FDIC is right;
$299 Billion for WMB and its assets.

Now 41.6 “Willful Misconduct” civil RICO.
JD was facing a 3X ruling and a massive stock price crash from a ruling.
IMO JD settled at 2X.


Dr. A’s goal was to show that WMB was Solvent using very conservative methods. 7.8 TIER One rating according to JPM.
JD would love to pay Dr. A’s number, and would have done long ago.

Please tell me where I can get compound interest?

Simple interest at FJR.

Dr. A;
$87+(87*.0195* 17)=$115.8 Billion.

Now using FDIC ~$300B number and 2X for 41.6;
$600+(600*.0195*17)=$798.9 Billion.
And very conservative!

Now add into the TBTF banks the CDS obligations.
I have given you the numbers.
TBTF needs SWF help.

I’m getting tired of wiping because I have posted the numbers before;

• According to US Treasury in 2008 the Residential mortgages of $13 Trillion.

• I’m waiting my time explaining numbers that struggle to count fingers, or to people that don’t read.

• My thesis has changed very little. 75/25% is NOT GLOBAL.
Series R Holders? 2.5X from RE exceeds back interest, plus more than 2.2 in performances payments from your/mine Preferred Funding.




Ron