Replies to post #444330 on Mr Cooper Group Inc (COOP)

[pm1012244448]

Their best explanation would be that these billions were not part of the bankruptcy.

[gjw46]

This is exactly why I feel that the macro environment will drive the timeline. DB is ~$7 bil deep for Q3 due to capital requirements. I'll bet they could use some relief from JPM and FDIC. But now I'm hearing the rumblings of "...so what happens when the counter party cannot make good?" We may get to that "shower me" moment just as the system goes belly up. That will drive the resolution as well.G