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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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I'm not talking about the stress tests.
Edit: and I'm waiting for the personal credit card crash yet to come, and a friend reminded me of the pending commercial real estate crash