Replies to post #403825 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

If a 300 billion $ company runs out of liquidity (the article states further 5 bln. needed to be downstreamed if I remember correctly) then PERHAPS a seizure is justified, BUT you cannot tell me that the 300 bln. in value (or let it be only 200 bln., or even only 100 bln. because of the financial crisis) went poooof or completely to JMPC for 1.9 bln. Where is the origianl 300 bln. $ "value" (or what is left) at the moment?!?

[tzebedee]

Wamu chose to go the sub prime. Route?? Ahum