"Stress tests" to be kept secret. Selling might escalate if results were public.

Discussion in 'Economics' started by wilburbear, Apr 9, 2009.

  1. Everything is being done is secret. Obama is such a friggen liar. He won’t last. Remember all the promises, Iraq withdraw, no lobbyists in his admin. Complete transparency. This guy is 10 times worse than Bush.
     
    #11     Apr 10, 2009
  2. You do realize its a cut & paste from alphaville, don't you?
     
    #12     Apr 10, 2009
  3. From the Telegraph article:

    "Although the exact results of the tests remains the subject of conjecture, it is understood that all 19 institutions involved will "pass" the tests – although that is not surprising as should an institution be deemed to have insufficient capital, the US government will step in and provide it."

    This is just precious. :D Aren't professors and their students expelled from a university for doing anything remotely similar to this? But hey, that's the cut-throat world of academics and we're talking about nurturing, friendly Wall Street here, so cut it out! :D
     
    #13     Apr 10, 2009