Stress Test Has Industry Stressed Out

[Dover]

WASHINGTON — No matter what information regulators reveal on the stress tests of the largest banks — and what they will say is a mystery — the results are likely to renew calls to nationalize some institutions, and could further complicate efforts to stabilize the industry.

Since the stress tests were first announced two months ago, the industry has become increasingly anxious about what will be made public when they are completed at the end of this month. Regulators have sent mixed signals on the issue, and options range from declaring the results confidential to detailing which institutions need capital and how much.

With either option, or one of the host of those in between, the public's confidence in at least a few institutions likely will be damaged...cont'd

http://www.americanbanker.com/printthis.html?id=200904023BYV5OG3

[aquart]

1. IOW, none of them pass?

[CoffeeCat]

2. There's a chance that Americans will freak out.

...when the results of these stress tests are revealed. That's assuming that honest
results will be reported.

I wonder why this is happening? Banks have had their way--at every measly step of this scam. Just
late last week, the banks strong armed government accountants into letting banks determine the value
of those toxic assets.

I wonder why banks wont' be able to thwart the release of their rotting balance sheets?