Mr Cooper Group Inc fka COOP

[maekuz]

Everyone should watch this video once in a while to get the bearing Straight. I like the fact that the correspondent states that WaMu was capitalized-ok and expects JPM to pay 10 Billions. Both statements are a gross understatement as WaMu was well-capitalized (well above the recommend Tier-1) and by all means worth more than 20B $ (even with all the toxic assets). That being said JPM got WaMu for 1.9B $ WITHOUT any debt.

If they get away with that you don't wanna own any stock. Its better be gold, guns and à lot of ammo.