Replies to post #403824 on Mr Cooper Group Inc (COOP)

[bkshadow]

Complete FDIC "spin," no "values" either...

...as per that FDIC spin, that entire web posting of their letter summary history of monitoring WaMu along with OTS for years, and WaMu's tragic decision to go sub-prime in 2005, WaMu's MBS activities, and WaMu's two famous DEPOSIT RUNS (believed by many WaMu real longs to have been orchestrated), and the entire purpose of the letter was really a 100% CYA for the seizure...

This link DOES NOTHING BUT VALIDATE AND SUPPORT THE FDIC SEIZURE, and it certainly does nothing good for the WMILT.