Replies to post #153581 on Mr Cooper Group Inc fka COOP

[P0ppy]

Thanks. That is exactly the answer I was looking for.

[hestheman]

Exactly and that is what the FDIC's defense is basically. It was'nt a matter of Wamu being insolvent. It's a matter of IF they were to fail FDIC could'nt cover the damage. Wamu was in fact, Too successful for the FDIC to handle.