All 19 Banks Pass Stress Tests

Discussion in 'Wall St. News' started by MrDODGE, Apr 9, 2009.

  1. (US) NYT REPORTS THAT ALL OF THE 19 US BANKS THAT HAVE BEEN SUBJECT TO STRESS TESTS WILL PASS THE REVIEW
    - The report adds that some banks may need added capital and regulators may use the findings of the tests to pressure certain firms to sell distressed assets.
    - The report cites unidentified government officials involved in the research.


    BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T- BULLSH*T!!!!!
     
  2. First off they said it would not be "pass or fail". Second if they have to add $ that's a "fail "in my books lol
     
  3. rickf

    rickf

    If all banks 'pass' then the test is flawed, IMHO.

    But did we expect anything else? If a bank 'fails' the test they'd have a run, share price tank, and so forth. Anyone else think the 'test' is simply spin to reassure folks the Treasury is working hard on the problem?
     
  4. More coverups.
     
  5. Wow thanks I was long a but load of WFC just dumped half.
     
  6. WFC post earnings early with a blow out profit. And alot of banks pass stress test.

    Two days ago they said they were not going to release the stress test till after earnings season.

    DON'T EVER LISTEN TO ANYONE WHO SAYS THE MARKETS ARE NOT RIGGED.
     
  7. trendy

    trendy

    Ya got a link to that story?
     
  8. Mark to Fantasy has allowed them all to pass. It's not some kind of government conspiracy...It was a change in accounting rules, which the public is well aware of.

    The assets that used to be worth jack shit are suddenly worth something again, therefore the banks are solvent.

    This shouldn't come as a surprise to anyone.
     
  9. so why is the market up???
     
    #10     Apr 9, 2009