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EU Delays Hedge Fund Rules After U.S. Balks

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European finance ministers meeting Tuesday in Brussels opted to delay plans to discuss hedge fund and private-equity regulation that would have risked a trade war by limiting ...

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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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