Replies to post #679928 on Mr Cooper Group Inc (COOP)

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JPM ‘s Derivative Market Crashed in 2008.

See Form 424(b).

JPM owned 57% of the $75-$83 Trillion Derivative market.
JPM was the insurance coverage for the ABS/MBS/RMBS REITs.
Insured Bonds/Notes.

From JPM ‘s own 2008 YE 10K
WMB Tier-1 ratio was 7.8.
JPM Tier-1 ratio was 3.5.

JPM was under capitalized.

The 2008 Credit Crisis was the Derivative market meltdown.

Some were more clubby then others.