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Matt Taibbi writes: "The idea behind this federally-guided 'settlement' is to concentrate and centralize all the legal exposure accrued by this generation of grotesque banker corruption in one place, put one single price tag on it that everyone can live with, and then stuff the details into a titanium canister before shooting it into deep space."

President Barack Obama departs the White House via Air Force One. (photo: Getty Images)
President Barack Obama departs the White House via Air Force One. (photo: Getty Images)

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