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MAR 16, 2010 6:21pm ET

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Impact of $50 Billion Threshold

Most Banks Would Get a New Regulator Under Dodd Bill

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The latest regulatory reform proposal from the Senate Banking Committee Chairman would have far-reaching implications for day-to-day operations at most banks and thrifts ...

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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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