Replies to post #691485 on Mr Cooper Group Inc (COOP)

[ron_66271]

The $14 Billion Hurdle is Covered by the Notes Themselves.

The WMB Notes are Euro covered notes, and backed by a $26 Billion portfolio in Trusts.

The issue is JPM and their LIBOR manipulation and derivative exposure that needs pay back.

Same for Lehman’s and F&F.