Mr Cooper Group Inc (COOP)

[Boris the Spider]

Of this entire fiasco, that $4B WMI deposit they seized sticks in my craw more than anything.

What made them, and Walrath, think they could give JPM that $4B deposit from WMI that WMI had just deposited days before? It was not bank property to seize. That in itself shows how unbelievably corrupt this whole thing was.

The good news is, I do believe WMI saw the seizure coming and stashed the majority of assets in safe harbor. Now, to add insult to injury, the greedy bastards want all that too.

The crime of the century.