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Ron Hermance, Chairman, CEO, Hudson City Bancorp
Once a favorite of investors, the $51 billion-asset thrift company had a rough 2011 as problem loans spiked and persistently low interest rates battered its investment portfolio. With Hudson City’s shares down more than 50% from their 52-week high, Hermance's challenge in 2012 will be to regain investors' confidence. (Image: Bloomberg News)

In Mortgages, Hudson City Competes With, Constrained by Washington