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U.K. Backs Down on Overdraft Reforms

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A three-year investigation into U.K. bank charges on overdrawn customers ended with a whimper Tuesday after the U.K. Office of Fair Trading said it will leave it 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
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