It's About Liberty: A Conservative Forum

Topics => Economy => Topic started by: Libertas on March 27, 2014, 07:29:31 AM

Title: A sanitized snapshot of banking kabuki circa 2014
Post by: Libertas 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 (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.