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Loan Modification

: Mortgage Lender Implode-o-Meter

Fissures Appear at the New York Fed

By Implode-Explode Heavy Industries

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" The board of the Federal Reserve Bank of New York is packed with powerful executives. But the selection process leading up to January's promotion of William Dudley to president underscored the lack of clout among the Fed's regional directors as the central bank navigated the crisis."

Full post as published by Mortgage Lender Implode-o-Meter on July 05, 2009 (boomark / email).

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