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David Lazarus weighs in on today’s big bank deal

Thursday, February 9, 2012

That’s ex-Chronicle business columnist David Lazarus of the LA Times explaining why he thinks the big banks came out ahead in the deal the Obama administration announced today to settle their mortgage loan abuses.

Also: The LAT opinion staff, meanwhile, takes a favorable view of state Attorney General Kamala Harris’s getting behind the deal.

Plus: What the settlement means for homeowners.
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