Mr Cooper Group Inc (COOP)

[sf]

keep believing the spin. it was proven that washington mutual was not into the mortgage thing. in fact jpmorgan made money on the mortgages they stole. that you spew is quintessential liberal "COA drivil." mortgages had nothing to do with this "pack takedown". they meaning the fed reserve banks gs and jp needed a way to make money fast cause they were going down fast by their actions only. washington mutual was well capitalized and never received any letter to recapitalize. fdic took them on a thursday because the bids were mounting and jpmorgan wanted to be "gifted." why do you think wells fargo jumped over citi to take wachovia? maybe because they were screwed out of bidding on wamu and saw the writing on the wall. wachovia was being paired with citi because fdic wanted to "marry" bad banks with good banks to stablize their deposits because fdic is a ponzi scheme and had no money to cover any deposits. they were for their bottom line and not about securing the best price for the sale of the bank for shareholders. jpm is essentially "squatting" in wamu's banks because there is no contract or price or anything. its been a smoke screen of lies to cover their crime spree.