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Marissa Fajt
MAR 5, 2009 2:00am ET

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A Capital Hit From Trust-Preferreds

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At Rainier Pacific, the losses were so steep that the company ran afoul of regulatory capital standards. Rainier Pacific needs to raise $40M to $60M to fully account ...

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Interpreting the $25B Mortgage Settlement
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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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17th Annual Best Practices in Retail Financial Services Symposium
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