Mr Cooper Group Inc (COOP)

[Roach58]

Dodd Frank wasn't signed into law until 2010, and it pretty much made legal today, what was not legal when they stole WAMU in 2008.Remember when Geithner was making his Sunday morning talk circuit and he was practically bragging about how the new legislation would allow them to come in, seize the institution and wipeout its equity. They make their own rules and when they don't work they break them with impunity. For example; Conservatorships are different than receivership and they don't last forever and they don't get treated as a revenue stream...unless you happen to be the government who has a different definition than the rest of the population.imo