Mr Cooper Group Inc (COOP)

[Lebosco]

sorry if this has been posted, if not have a gander. From the PQ board....

Chiron: Info Revised. Look thru the dec discovery documents.

JPM contingency plan is layed out.

H's will get $34 pps with a settled value at over $800M for payout.

Liabilities include junior and senior debts

(Numbers taken from 01/10 MOR)

Total Cash/Cash Equivalents (incl. deposits)
$4,855,803,987

Total Assets (incl. cash)
$6,932,216,493

Total Liabilities (incl. bonds)
$8,294,959,259

These are wrapped into Liabilities.

PQ – 3M $1,000 $3B to clear
KQ – 20M $25 $500M to clear
HUQ – 23M $34 $.8B to clear

Total
($1,362,742,766) A<L

NOL plus refund IRS
$5.2B +/-

New Total
$3,837,257,234

Now A>L

Capital Contribution because WMI was Solvent.

6.5b$ from JPM

$10.4B to WAMUQ.

~$10.4B then divide by 1.7B shares = ~6$ (May 2010)

This is noted in the JPM Action Plan in the Dec 2009 Discovery Documents.

Outstanding Claims JPM
Estimated at $10B+ (breach of confidentiality, trademark infringement, etc.) Lowball estimate of settlement amount. Claims exceed $20B.

Outstanding Claims FDIC
$13B + (Fraudulent Conveyance / less than fair value)

$23B litigation total remaining liquidation value

~$33.4B then divide by 1.7B shares = ~19$ (in Two Years)

Unless lawsuits get purchased by the pig.

And, The reorg plan will be announced in two weeks.

GO WAMU..

DrR..