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Independence1

Independence1
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  • The big U.S. banks are considering defying the Fed and announcing capital return plans shortly after stress tests are released this afternoon, reports Bloomberg. The Fed wants the lenders to wait another week, but bank lawyers worry the plans will leak out. It's under discussion, JPM CFO Lake told an investor conference (transcript) Tuesday. XLF +0.6%[View news story]
    The reason BAC got in trouble was one reason and one reason only, KEN LEWIS!!
    Mar 8, 2013. 06:36 AM | Likes Like |Link to Comment
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