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More Security In Wake Of Mall Brawls

PYMNTS

A string of major disturbances at malls nationwide on the day after Christmas has led police to increase patrols and malls to ramp up security guard presence — in case consumers needed another reason to avoid physical stores. I don’t believe it was a coordinated social media flash mob kind of thing.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

And quite frankly, I did not know there were so many tranches to mortgage-backed securities. M&T assumed their $411 million of loans and securities with a $289 million FDIC loss-share agreement. Most banks consider their securities portfolio as first and foremost for liquidity. Let those numbers sink in a bit. Good times.

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