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Former Bank Officials Plan New Fort Worth-Based Bank

American Banker  |  Tuesday, June 9, 2009

Two bankers associated with the former State National Bancshares of Fort Worth have filed documents with several federal agencies indicating plans to open a new bank in the city...

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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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