Mr Cooper Group Inc (COOP)

[JohnnyWinter]

Providian = part of the bank =

Visa Shares = owner to be decided upon (even if WMI gets the shares they are relative peanuts)

WMB assets Re-evaluation = $13 B = Goes from JPM to the FDIC to distribute to bank creditors

WMBFsb CASH =$17B = $17B in BANK capital = not WMI's

WMB Mortages Re-evaluation = JPM wrote the portfolio DOWN $29B afer purchase

Wind Energy Business = NOT $500-$100 million



WMI is restructuring, and new shares are inevitable.




The bond trading tells the story imo, and the writing is on the wall.