Replies to post #241711 on Mr Cooper Group Inc (COOP)

[Antisemetic Asshole30]

The problem is that 2008 is a history same as WAMUQ is, the future in unknown, the present is known: 1.7B shares outstanding, high volume, constant stories, lawsuits...so market makers live their life from bid/ask, they know WAMUQ is no more.
If there would be value in it, why some big fund would just not buy, buy, buy, buy to build the stake and take it over in the end?

[Bizreader]

The reason the Treasury backed the deal for JP Morgan Chase to fold WAMU into it is because the U.S. government banks with JP Morgan Chase.

All that is fine, the government is trying to keep some distance between it and the actual banks but hey, it's time to pay up for breaking the law and letting the whole thing get this far.

JP Morgan Chase should not have helped create the run on the bank with the help of Goldman Sachs that put WAMU in the position to be seized.