Mr Cooper Group Inc (COOP)

[ron_66271]

The Credit Default Swap’s Needs to Pay Up.

Lehman’s, WaMu, F&F, the CDS derivative insurance is all the same.
The CDS needs to cover their contracts for the ABS/MBS/RMBS.

One who understands the CDS’s;
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174584167

Exchange Lehman’s for WMI/WMB, the concept is the same.


Many/most ABS/MBS/RMBS are LIBOR based.

Watch the docket;

https://www.docketbird.com/court-cases/In-re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262


JPM was/is a major derivative writer insuring our ABS’s.

JD; No payment, no release. My 41.6 “Willful Misconduct” release in good faith is only consummated by payment in full.

That is why I responded to the fact that our release is only for JPM 2008 BOD. No future JPM executives.



Ron