Are there any ulterior motives behind the Government so called "Stress Test" on 19 of the Nation's Largest Banks? On April 4th 2009, Treasury Secretary Tim Geithner testified before a congressional oversight committee headed by Elizabeth Warren and stated that "the vast majority" of banks could be considered well-capitalized. If this is the case, why is the Government still talking about the stress test and the possible ramifications for the banks? Why is there so much back and forth between the Banks and the Treasury over the stress test? And why are the results still being delayed? The t...
More..Ofuoma Odje
Member since: April 2009
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