Friday, May 08, 2009

Stress Tests Results Split Financial Landscape - NYTimes.com

Stress Tests Results Split Financial Landscape - NYTimes.com:
"Broadly speaking, the test results suggested that the banking industry was in better shape than many had feared. Of the nation’s 19 largest banks, which sit atop two-thirds of all deposits, regulators gave nine a clean bill of health. The remaining 10 were ordered to raise a combined $75 billion in equity capital as a buffer against potential losses should the economy deteriorate. That amount is far less than many had forecast."

1 comment:

rathanharan said...

Not sure how great a "clean bill of health" from the regulators really means anything right now!