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Originally Posted by dalakhani
Its such a bullshit. The stress tests were about the dumbest thing you could do. First of all, there wasn't enough stress. Second of all, the bogus results were a false signal of a bottoming out.
Wells fargo, b of A and citi are in no better position now than they wee 120 days ago.
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so this is Republican fodder...
They supposedly have to do another round
of stress tests. So Obama's people, some of
whom were with the Republicans with Bush,
have not solved anything in the banking sector
or might have even made things worse by "hiding" failure.
I thought the Democrats were going to be
more transparent.