Fed Releases Summary Results of Stress Test

[Parsad]

Contrary to what many investors feared last year, banks are in very good shape, and about 80% of firms would have passed the new extreme scenarios in this year's stress test.  Cheers!

 

http://blogs.wsj.com/economics/2012/03/13/fed-releases-stress-test-results/?mod=yahoo_hs

[dcollon]

Looks like Citi whiffed