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For Some Banks, Funding Now for Deals in Future

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First Niagara Financial and Berkshire Hills Bancorp did not need to apply for funds through the Treasury's Capital Purchase Program because they had just completed stock ...

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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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