Stress Testing the Banks

By Nicholas Sarwark | March 17, 2009 |

If you have to prove you are worthy of credit, your credit is already gone. –Walter Bagehot Timothy Geithner, the Treasury Secretary, has come out with a plan (really more of a vague idea) to “stress-test” American banks to determine whether they can survive this current recession. To be conducted in April, this testing will…

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