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By Donna Borak
JUL 21, 2010 5:31pm ET

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Bernanke: Fed Already Hard at Work in Implementing Reg Reform

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Only a few hours after regulatory reform was signed into law, Fed Chairman Ben Bernanke assured lawmakers the central bank was well along toward implementing many ...

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What the Mortgage Settlement Means to Banks
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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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