Mr Cooper Group Inc (COOP)

[cura asada]

In March 2008, as the financial crisis worsened, the
Federal Reserve engineered the sale of Bear Stearns to JP
Morgan Chase. In September 2008, in rapid succession, Lehman
Brothers declared bankruptcy, AIG required an $85 billion
taxpayer bailout, Fannie Mae and Freddie Mac were taken over by
the government, and Goldman Sachs and Morgan Stanley converted
to bank holding companies to gain access to Federal Reserve
lending programs. A week later, on September 25, 2008,
Washington Mutual Bank, a $300 billion thrift, then the sixth
largest depository institution in America, was seized and sold
to JP Morgan Chase. It was the largest bank failure in U.S.
history.