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IberiaBank Builds Houston Team

American Banker  |  Friday, April 3, 2009

The Louisiana bank with assets of $5.6 billion is rounding up a team of bankers with plans to open several Houston branches within an 18-month period...

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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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