Replies to post #722116 on Mr Cooper Group Inc (COOP)

[xoom]

Glad to see we are past the ‘ 75/25 arguments ‘ and are now wading into territory if K’s are included. Phew.

[lodas]

there are no money backing the bonds.... the run on the bank resulted in a 16 billion dollar outflow of capital from the banking assets...the short sellers took the equity backing the retained earnings.. read the 2013 wmih 10-K , and quit guessing...