Mr Cooper Group Inc (COOP)

[ptolomeo]

fsshon, as 'uzual' your messages are very instructive.

I liked this part:

This is the greed and corruption that is Wall Street.

GS shorted WAMU after it arranged the TPG deal! WHAT'S THAT YOU SAY! GS shorted WAMU even after it got paid for arranging a deal for TPG! WHAT'S THAT YOU SAY! Killinger asked Paulson to put WAMU on the "no short" list that many of the WALL STREET companies were enjoying the safe haven. Paulson said NO! "You should have sold to JPM and you should do so now or things can get worse for you." WHAT'S THAT YOU SAY! Jamie Dimon and the JPM crew "courted WAMU's assets since 2004 and the Texas Lawsuit states clearly that "Jamie Dimon puposely put Moles at WMB and WMI, so he could get inside info for a "fire sale" deal. DId these Moles change Wamu's risk portfolio and mortgage risk management "Steve Rotella in a meeting in 2005 over-rode the decision of the risk management team and started the ball rolling on a new risk strategy" WMI's Board did not mind because of the obscene profits this type of mortage-backed securities was making for the company.