Replies to post #706578 on Mr Cooper Group Inc (COOP)

[ron_66271]

JPM and The Government Have Not Learned the Lesson.

Derivatives are naked ‘options’ Contracts. The writer doesn’t own the base access like a stock.
The current real function of derivatives is to manipulate the markets using second tier fiat money. More fictional money out of thin air.

In 2008 the Derivative market was about $83 Trillion.
That is it now?

What is the WEF’s goal?




Ron

[BigBang]

Dimon sits on the table with government to discuss Bank policy

No, he makes government policy!