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Hint, Hint: First Data's New CEO Is an IPO Expert

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First Data Corp. executives say the company has no plans for an initial public offering — but its choice of a chief executive seems to say otherwise.

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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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