Mr Cooper Group Inc (COOP)

[lluther]

"Corzine was SENT into MF Global with the objective of collapsing it and rolling the remains into Goldman (presumably). And he was paid eight figures to do it, AND promised SEC TREAS after Geithner. If you had said six months ago that the largest FCM in the U.S. would be taken down, everyone would have laughed in your face, but here we sit. The only question is, who is next? How long will an FCM like ADM last before looking at Dodd-Frank and saying, "Screw this. We're selling our clearing operations and we'll just go back to straight-up product merchandizing." Why shouldn't they? If the FCM profit center is made impossible by the government and the corrupt regulatory bodies, why would they continue to operate an FCM? Why not sell to Goldman or one of the other megabank entites and then do their exchange-traded hedge business through them as a customer? When will the old Chicago boutique firms be similarly forced out, either through regulation that makes their business impossible, or through outright sabotage as with Corzine and MF? None of you FCMs are safe. THEY WILL COME AFTER YOU AT SOME POINT. You have been targeted for extermination. Either you wake up to this fact and expose these regulatory bodies, megabanks and the Federal Government and fight them, or you are going to end up like MF, being bought by Goldman or one of the other fascist government-connected megabanks for pennies on the dollar. You have been warned.

From a trader that saw through all this BS on TF's website. She sent that around CHMEX this AM> SATAN Sachs is Coming"


"Why would a seasoned pro like Corzine lever up his company to a mortal risk level on a SINGLE position, using sovereign debt, which at a minimum was known to have significant downside risk? Any fool of a risk manager would have looked at the trade and its effect on MF's balance sheet and capital and said, wait, I'm all for taking risk, but you are literally betting the house on this one trade. It makes no sense, unless Corzine is either galactically stupid (which he's not), or he just ran a diabolic and brilliant long con on MF stakeholders.

The only thing missing from the mafia script is the fall guy, the middle manager who takes all responsibility, serves his time, and is welcomed back as a made man after a few years. I would expect that name to emerge in the next few days."