Replies to post #675099 on Mr Cooper Group Inc (COOP)

[StillHoping]

COOP doesn’t need “our” Monopoly money nor does it need stabilization. It us doing well on its own.

[ron_66271]

"TPG is scheduled to price its deal on Jan. 12 and trade the next day,..

PDF 21/78;
http://sidedraught.com/stocks/WashingtonMutual/Equity%20Committee/POR/WaMu_Closing_Equity_Committe.pdf

"Q. You gave Blackstone the assumption that reorganized WMI would not
take on new business, correct?

A. We gave Blackstone a set of financial projections which projected the
only operating asset of reorganized WMI, which is Wimrick, which is a
captive reinsurance company in run-off. We gave them a projection that
was based solely on the captive reinsurance company Wimrick
continuing to run off its business through the run-off period."

There is more.

"Q. Those assumptions and projections did not consider whether WMRIC
would take on new business correct?

A. We did not project new business."

COOP.


PDFs 19-20 are still my favorites.

Plus see PDF 76-77.

EC wins!


Ron