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UCBH Chief Out in Probe of Cover-Up

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UCBH Holdings' troubles have deepened, as the San Francisco company ousted its chief executive of 18 years and another top manager amid allegations of fraud.

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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
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