Replies to post #412718 on Mr Cooper Group Inc (COOP)

[PickStocks]

108.
The definition of “Book Value” in the P&A Agreement contemplates that there will be “adjustments made by the Assuming Bank for normal operational and timing differences.” (P&A Agr. Art. I (def’n of “Book Value”).)
109.
As Assuming Bank, JPMC made “adjustments for normal operational and timing differences” in account number 51994. (See
Ex. 769 (Blake Report) at 10-13, 19-20; Barren Tr.
at 45-46.)
110.
Following these “adjustments made by the Assuming Bank for normal operational and timing differences,” the book value of the WMB repurchase reserve was approximately "REDACTED" as of September 25, 2008. (See Ex. 753 (Kothari Report) ¶ 24; Ex. 769 (Blake
Report) at 10-13, 19- 20; Blake Tr. at 11:13-12:3; Arnold Tr. at 131:4-5.)


Why redacted was the value in the Billions!!!!!!

[BBANBOB]

WMB PR's less than 3 weeks prior to the seizure that they were starting to pay back some 22 BILLION they had received from WMI.........
10 bill in the next 3 weeks and 12 billion in the next 12 months!!!!!!!!!!!
And THEDICK jumped up upon hearing that and seized us on a thurs when our CEO was in the air in a place.!!!!!!!!!!!!!!!

Never has a bank been seized on a thurs ever,please show me one instance..................

OH and good luck NOW FINDING THAT PR ,as it like many others just went POOFFFFFFFFF