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Resolution Fund Seen as a Life Buoy for TBTF Policy

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Sen. Richard Shelby raised concerns with bankers that "too big to fail" would survive if a proposed $50 billion fund to help unwind failing financial institutions remains ...

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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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