Replies to post #726380 on Mr Cooper Group Inc (COOP)

[ron_66271]

Tier 1 of 8.4 Before the Orchestrated ‘Run on the Bank’.

Tier 1 of 7.8 according to JPM own 2008 Annual Report regarding WMB, and JPM was only 3.5 according to the same filing.


WaMu saved JPM and the Government.
JPM’s derivative portfolio was underwater TRILLIONS!

Yes, TRILLIONS!

The Government couldn’t bailout JPM.

The Government needed real cash.
WMBfsb had $40 Billion on hand for WMB.

41.6, time to pay!



Ron