Mr Cooper Group Inc (COOP)

[Polemarchos_Megas]

Some math

correct me if i am wrong...

Assets MOR JULY 2011:

6724 mio.

Liabilities MOR JULY 2011:

8397 mio.

----------------
6724
-8397
-------
= - 1673 million

+ 750million FJR ruling

= -923 million
---------
+ 2600 million Tax returns

= 1677 million
---------

+ 5500 NOLs + 100 million more value WMMRC

= 7277 million


----------------

Prefs paid full (TPS out) means commons get = 3,6 bill. or 2,11$*

Prefs and TPS paid almost full, commons out of the money by 223 million.*


Now how to get some more value for commons if TPS is not taken care of by JPM ....?

full tax returns

+ 3000 miilion

full

boli/coli

+ 5000 million

etc...

one of those and everybody gets good value. Prefs and TPS made full and ....

with taxes commons get 1,63 $*

with boli commons get 2,81 $*

with both commons get 4,57 $*

* Note cash or stock in new CO