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JPM Chase Hires B of A's Gregory Baer

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Gregory Baer, a deputy general counsel at B of A, is leaving the Charlotte firm to join JPMorgan Chase as managing director and general counsel in the bank's corporate and ...

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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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