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A Nomura Loss May Prompt U.S. Growth

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Japan's biggest brokerage may report its first loss in five quarters this week on a slump in trading and investment banking earnings, according to analysts.

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What the Mortgage Settlement Means to Banks
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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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