And, yes, I DO take it personally: Stress test results

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And, yes, I DO take it personally

Thursday, May 07, 2009

Stress test results

hmmmmmmm...

Nation's Largest Banks Need $75 Billion, Federal Stress Tests Find
The nation's largest banks collectively need another $75 billion in equity to ride out potential losses due to the recession, according to long awaited government stress tests released today. Nine of the 19 banks do not need any new capital at all, including J.P Morgan Chase and Goldman Sachs.

pardon the crudity, but fuck goldman sachs...

Labels: bailout, bank failures, bank stress test, Federal Reserve System, Goldman Sachs, JPMorgan Chase, TARP