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JAN 25, 2010 7:07pm ET

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Failed-Bank Deal Puts Shelf Charter in Spotlight

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Regulators may be more open to selling failed banks to nontraditional owners — or maybe there are just fewer buyers.

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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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