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Loan Modification

: Mortgage Lender Implode-o-Meter

Volcker fooled

By Implode-Explode Heavy Industries

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" The Obama administration is backing off a plan to bar commercial banks from engaging in proprietary trading, favoring instead a watered-down version of a key tenet of the proposed "Volcker rule" governing how banks operate, according to people familiar with the situation."

Full post as published by Mortgage Lender Implode-o-Meter on February 23, 2010 (boomark / email).

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