Mr Cooper Group Inc (COOP)

[jhdf51]

Its a rigged game for sure...

Last February, the US Justice Department began investigating some 10 major banks for allegedly rigging precious-metals prices. In March, the Federal Deposit Insurance Corp. sued 16 of the world’s largest banks, accusing them of manipulating Libor (London Interbank Offered Rate) interest rates. In May, five of the world’s largest banks, including JPMorgan Chase and Citigroup, pleaded guilty to felony charges for rigging the $5.3-trillion-a-day foreign-exchange markets. And UBS AG, besides paying a fine for foreign-exchange rigging, also agreed to plead guilty to manipulating the Libor and other benchmark interest rates, paying a paltry $203 million criminal penalty.


You only win by hanging with the crooks it seems...

Sad state as the middle class disappears..

JHD