Replies to post #130355 on Mr Cooper Group Inc (COOP)

[forestflanigan]

It came 4 days after the siezure!!

[Gmenfan]

And they were denied being put on the do not short list.

[InfamousMP]

They were seized and SOLD to the 'highest' bidder. They didn't have a chance. Regulators jumped the gun and JPM was right there locked and loaded ready to pull the trigger.

There had to be an example made to get TARP to pass. The wamu takeover instilled fear in lawmakers. Fear was the fuel behind passing TARP. The notion that 'we can't have another WAMU' along with failures and takeovers from other large firms was why TARP passed.

[JimsZ]

Believe it was 4-5 days after siezure that TARP was passed, hence the Thursday siezure... Get it done before TARP is passed