Mr Cooper Group Inc (COOP)

[boarddork]

I'm guessing Goldie's (known as the fine purveyors of "sacks of sh&*") are big time investors in both P Preferred and WMB bonds.

Goldies hyped up and sold their homemade organic S.O.S. securities (sacks of sh$%$^) to everyone (and then shorted them to oblivion in the same breath), but invested heavily in WMI's higher quality certificates.

Like any weasel, Goldies was simultaneously killing and eating both the chicken and the egg.


I think what AZ is alluding to if your on the positive side of Goldies securitization gambles, you, we, etc are going to do quite well.