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Bombed Oregon Branch Remains Closed

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A branch of West Coast Bancorp of Lake Oswego, Ore., will be closed indefinitely after being damaged in an explosion late Friday that killed two police officers.

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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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