Replies to post #33511 on Mr Cooper Group Inc (COOP)

[jermart]

Also CDS were thing that people bought that didnt own a bonds it turned into a trading tool. Who was asleep at the wheel that let this go on.

[ergo sum]

“…we are not buying the unsecured debt, the subordinated debt or the preferred which is a little bit less than 20 billion or so of liability that we will leave behind.”