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Fieldpoint's Chief Finds Fate Brings Right Match

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Smith Barney vet Robert Matthews was in the early stages of building a high-touch private banking boutique when he stumbled on a shortcut: Fieldpoint Private Bank and Trust.

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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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