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JAN 27, 2010 6:08pm ET

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Fidelity Southern's Earnings Press Release (PDF)
4Q '09 Earnings Scorecard

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4Q Results

Fidelity Southern Bullish on 2010

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With nonperforming assets declining and two consecutive profitable quarters under its belt, the Atlanta company is planning for a year of black ink.

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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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