Mr Cooper Group Inc (COOP)

[ron_66271]

When Ever I Read about;

Credit Derivatives Settlements I’m happy.

The 2008 Credit Crisis was all about the Derivative Market Meltdown, and currency manipulation driving down the LIBOR rate that the contract writer would have to pay the insured.
The FDIC has sued the Big Banks on WMB and other banks behalf.

The LIBOR Docket almost never speaks of the CMO/CDS derivative contracts LIBOR interest rate adjustment’s being settled.

I see it as a good thing that Credit Derivative Settlements distributions are taking place.




Ron