Mr Cooper Group Inc (COOP)

[ron_66271]

Red. Let’s Pretend that You are a Wealthy Dude Back in 2000.

Summer 2000 of the Dot Com bubble; You buy one million shares of JPM as an example. Then JPM invests heavy in companies like BBob’s dotcom at $200 pps. BBob.com goes to $322 pps then tanks to ?.30. Then poof gooney shortly after.

The ECO is not an investor. The ECO is an employee of the company that you are a fractional holder of.

The ECO put Your money at risk from investments the company made.

Where the investments in BBob.com or other dotcom investments an asset or a liability?

The ‘investment’ was at risk of going to zero.

My investments in WaMu are still a liability to me until I receive payment. Then I pay taxes!