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What the ABA really meant in its letter to The New York Times 

Mar 24, 2011By

The moment the state attorneys general proposed a mortgage servicing settlement it seemed only logical that lenders and banks wouldn’t like it. The natural flow of solutions, after all, is going to require some level of back and forth. And so the American Bankers Association recently expressed exasperation at Paul Krugman’s column in The New York Times on March 13 titled Another inside job.

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