Well, the news is out about the stress tests! And surprise, surprise, it’s not as bad as the doomsayers predicted – again. Just like when they predicted the nationalization of some big banks and the failure of others. It seems the banking system isn’t going down the...
There was a lot of press in late February when the Obama administration announced stress test of the largest banks in the TARP program, to see if they were worthy of additional assistance. Today the press talk is about how much of the results of those tests will be...