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Oversight recommends rerunning Bank Stress Tests

Discussions about the economic and financial ramifications of PEAK OIL

Oversight recommends rerunning Bank Stress Tests

Unread postby Cid_Yama » Wed 10 Jun 2009, 01:59:54

The Congressionally-appointed panel overseeing the Troubled Asset Relief Program (TARP) recommends running again the stress tests on US banks, as economic conditions have worsened, its chair, Harvard University professor Elizabeth Warren, told CNBC Tuesday. "We actually make recommendations to do it all over again right now," Warren told "Squawk Box." "We've already blown past the worst-case scenario on unemployment," she added.

http://www.cnbc.com/id/31183773
"For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth; to know the worst and provide for it." - Patrick Henry

The level of injustice and wrong you endure is directly determined by how much you quietly submit to. Even to the point of extinction.
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Re: Oversight recommends rerunning Bank Stress Tests

Unread postby cipi604 » Wed 10 Jun 2009, 04:08:02

... to state again the obvious. But ppl just can't quit.
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