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Nashville's Pinnacle to Raise $36M

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Pinnacle Financial Partners of Nashville said Friday that it plans to raise $36.5M in capital to support its growth. The company said it would sell 1 million shares …

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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover
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