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Viewpoint: Apply Lessons from Customer Data Management to Financial Reporting

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The mind-set toward financial data quality has changed in recent months as financial executives are now adopting many of the best practices developed by customer data stewards.

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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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