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10 U.S. banks fail stress test

Parker 1st MRB

By Parker 1st MRB
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Parker 1st MRB Presidential Poster

Parker 1st MRB

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More than half of the 19 U.S. banks that were assessed to see if they had adequate capital failed the "stress test," the U.S. Federal Reserve reported Thursday.

The 10 banks that will need to raise money must find just under $75 billion US by the end of 2010, a figure based on an assumption that the economy will get worse, the adverse scenario.

Discuss.

Gooderham 1st MRB Forum Keeper

Gooderham 1st MRB

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Posted

I would like to redirect this conversation to the merits of using the word"discuss".

While having the desireable affect of encouraging and promoting conversation it unfortunately can also led to off topic responses and general forum shenanigans.

In reality I have nothing productive to add to this.

  • 4 weeks later...

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