Mr Cooper Group Inc (COOP)

[lodas]

wamugold......stop spreading fear on the message board.... did you not read what the trustee handling Wmih wealth said, that the assets backing the 2.7billion dollar bridge loan was massively bigger than the liabilities...?The whole american financial stands to go bankrupt if the Fed and the Treasury do not back the housing industry.... why?....not only home mortgages, but banks that back business loans, commercial properties, billions of dollars of corporate debt, and public savings.... think what a run on the banks would do, if people got spooked and took their savings out of banks... what about 401k for pensioned workers..think about this, if banks became insolvent and could not make loans to businesses... bankruptcy is not an option at this point...public insurrection would follow, and homelessness, starvation, you name it... it is just easier to back the banking system with money, and then pick up normal business when the CV scare is finished....remember, this was not caused by the people who work, and pay taxes... this is an unusual event, and calls for unusual methods to solve.... believe me, if the present administration does not fund the banking, and home mortgage business, mayhem will follow, if people are shoved into the streets... remember "occupy Wall Street" as a result of the 2008 financial crisis?... Lodas