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COLUMN

Branch Reductions Necessary But Not Simple

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The mandate is clear, yet there is a very real risk of serious long-term damage from cutting in the wrong places or in the wrong way. Networks in mature markets can be ...

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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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