Mr Cooper Group Inc (COOP)

[rramirez82]

Levin just said it. This investigation isn't about their decision to seize WaMu, it's about the regulators role in "allowing" them to engage in high-risk lending practices.

This hearing is BS. It's a total dog and pony show. If you're going to make a "case study" out of WaMu, you should study it in its entirety - meaning the mistaken seizure and subsequent fire sale too.

I wonder if they're ever going to publicly review the seizure.