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JUL 28, 2010 8:12pm ET

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Sun Bancorp's Earnings Press Release (PDF)
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2Q Results

Sun Bancorp of New Jersey Posts $81.2M Loss

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Sun Bancorp in Vineland, N.J., reported a second-quarter loss of $81.2 million, which it attributed primarily to a goodwill impairment charge of $89.7 million.

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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
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