Author Topic: 4 Fail "Stress Test"  (Read 1125 times)

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Offline Libertas

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4 Fail "Stress Test"
« on: March 13, 2012, 11:08:50 PM »
Citigroup was a foregone conculssion.  But lest we take any good news from this, it is probably worse, since it is almost a certainty that the parameters have been jiggered with and the modeling could be way off base for losses should things turn really south.

http://ca.news.yahoo.com/citi-ally-suntrust-metlife-fail-stress-tests-205649742.html
We are now where The Founders were when they faced despotism.

charlesoakwood

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Re: 4 Fail "Stress Test"
« Reply #1 on: March 13, 2012, 11:25:40 PM »

Whelp, we know we are being played, that's a given.
And we can see that among other things this is another
kickback to Unowho.

Quote
Three others -- Ally [Ally, formally GMAC acquired by Uncle Sam along with GM manufacturing and slush fund. So he's again going to bail out his bank to pay union trust fund with our money., Suntrust and MetLife -- also failed the tests, while 15 other large bank holding companies passed the exercise, the Fed said.

And J.P. Morgan passed the test, surprise.   This helps keep gold down and the worried subdued. Insert giff  ::volumetrading::

Common folk are going to have a difficult time coming out of this whole.
It will take ten years to straighten this out. Romney's so weak.

Offline Sectionhand

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Re: 4 Fail "Stress Test"
« Reply #2 on: March 14, 2012, 05:11:23 AM »
15 out of 19 is a passing grade of 79% .... a low end "C" . Not terribly impressive .

Offline Libertas

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Re: 4 Fail "Stress Test"
« Reply #3 on: March 14, 2012, 08:47:25 AM »
But remember, all is well!

 ::exitstageleft::
We are now where The Founders were when they faced despotism.

Offline warpmine

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Re: 4 Fail "Stress Test"
« Reply #4 on: March 14, 2012, 10:15:23 AM »
Remember, four boxes keep us free:
The soap box, the ballot box, the jury box, and the cartridge box.

Offline Libertas

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Re: 4 Fail "Stress Test"
« Reply #5 on: March 14, 2012, 01:52:44 PM »
That's about it!
We are now where The Founders were when they faced despotism.

Offline Predator Don

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Re: 4 Fail "Stress Test"
« Reply #6 on: March 15, 2012, 09:16:02 AM »
I trust these stress tests as much as I do the parameters used to show global warming.
I'm not always engulfed in scandals, but when I am, I make sure I blame others.