Replies to post #126243 on Mr Cooper Group Inc fka COOP

[Jestiron]

Yeah,...seems they dont address the term in the correct context. Liquidity should be a measurable value.

I checked dictionary.com and found "Liquidity" with three definitions.

1. The state of being liquid.

2. The quality of being readily convertible into cash: an investment with high liquidity.

3. Available cash or the capacity to obtain it on demand: a bank that is increasing its liquidity by shortening the average term of its loans.

The third defn covers the cash as well as the "capacity"...

All in the Semantics I guess. LOL

AJest

[Ace45]

Cash in hand or something easily converted to cash. liquid assets gold, silver very liquid and transferable not like a building or real estate you must find a buyer for. They move with ease, hence the term LIQUID!!!

[WithCatz]

Linda, it's becoming clear to me that you aren't going to get answers to your questions here.

May I ask that you PLEASE go and do the research outside of InvestorsHub and come back and share with us what you found.

We here _DO NOT_ owe you answers to your questions. We have tried. We have tried a lot.

But you are not going to be statisfied apparently.

That's about all I can say without being banned. Please stop.

I'd be very thankful if you came back with a report or facts to answer your questions. But to keep asking them here over and over and we're telling you what we DO know, but you want what we DON'T know...

That's no longer DD, it's harrassing to the fellowship here.

[paulebino]

Linda, you like to do research. Look up FASB 157 and mark to market rules. They were implemented in Nov 2007, issued in Sept 2006. These rules constricted all levels of liquidity that you are so keen on. Once the banking institutions fell that were targets, the FASB caved in to politial pressure to soften the rules so bank assets were not under pressure any longer. Wahlah, market rebound. Bank stocks soar. I am curious to know what kind of political pressure was put on FASB in the first place to issue the new tighter standards in 2006. Was JPMC involved? Goldman?

My conspiracy theory is that JPMC is responsible for the collapse of the markets and banking industry to its own benefit partly through the FASB rule. If the rule was not put in place the easy credit party may well still be going on today and WAMU would still be taking market share from Chase.