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By Matthew Monks
MAR 9, 2010 6:07pm ET

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The painful rescue of the financial industry may yield a surprise gift: a new securities market that could become a lucrative source of capital for banks.

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What the Mortgage Settlement Means to Banks
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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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17th Annual Best Practices in Retail Financial Services Symposium
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