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Author Topic: A sanitized snapshot of banking kabuki circa 2014  (Read 756 times)

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Offline Libertas

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A sanitized snapshot of banking kabuki circa 2014
« on: March 27, 2014, 07:29:31 AM »
http://www.bloomberg.com/news/2014-03-26/citigroup-fails-fed-stress-test-as-goldman-bofa-modify-plans.html

The not-so-secret secret is most banks would fail stress tests, they've been dumbed down so as to not be so alarmist as they were in the early days of TARP...

Enjoy the kabuki.
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