Why has COOP been put together so very very large? Why has COOP doubled it's employee base Why have Citi and BAC allowed and BACKED a bridge loan of 2.4 bill for WMIH to buy NSM?????????
No we only get what was ours if to take $400 Bil, conservatively, not 654 bil of Coop that would give us Approx 100 bil(15%-30% as determined in Lehman case) of real value dived by 1 bil shares of Coop or $40. pps Book value The rest of the 2 bil shares go to KKR and the Banks involved. Are't ya glad you asked?
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