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March 6, 2012
A Lower Risk, Evolutionary Approach to Banking Transformation
March 1, 2012

Viewpoint: Managing Risk Key to Success with a Failure

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With many banks considering acquiring failed banks from the FDIC its a high-stakes race where players need a playbook as detailed and decisive as their traditional M&A playbooks.

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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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