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Feedback: Dimon Was Right, You Need More than Credit Scores

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In his testimony before the Financial Crisis Inquiry Commission, JPMorgan Chase CEO Jamie Dimon cited an over-reliance on consumer credit scores as a contributing factor to last year's financial meltdown. ["Illumination is Lacking at Crisis Inquiry Hearing," Jan. 14]

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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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