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FEB 17, 2010 4:41pm ET

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Many Banks Finding Risk Management Vexing

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Risk Management Association Research Director Mark Zmiewski on why banks must communicate their appetite for risk, and how they can turn analysis into action.

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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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