Replies to post #618997 on Mr Cooper Group Inc (COOP)

[lodas]

FranklinC....now, that is really bad news.....which means they will just shuffle all losses now to the Federal Reserve for all the bad loans that the banks make, which will further erode their balance sheet... as a matter of fact, the Fed is in worse shape now than in 2008... at least they were solvent then...today, they let the banks borrow at between 0- 25 percent....that is like selling your Rollex watch for pennies...will there ever be a time when you will pay the pawn broker to take your watch?.. and. pay him to do so ?.. the FED is broke... all they can do now is to print...24/7....who would have thought?... of course Jamie knew what was coming down.. remember the story last month that he pulled all of JPM reserves out of the Fed?... thats why the Fed was injecting money into the banking system each day in billions... Jamie drew out all of the cash.... Lodas