Replies to post #42726 on Mr Cooper Group Inc (COOP)

[liu]

You've got a good point! It's just that if FDIC seizes Citi and noone assumes its obligations, then we'll have an ARMAGEDON in the financial markets.

I think a solution for Citi will be found, I just don't no what it'll be.

[stripus]

Paulson, Bair and Bernake on C-Span being grilled by Congress right now recorded last tuesday. Amazing that National City Bank was left off the TARP and now TARP (taxpayer) $$ are being used to buy them up for essentialy nothing.
Many very tough questions are being dodged by Paulson about picking and choosing the winners from loosers.