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White House Changes Course, Decides To Reveal Health Of Top Banks


Business  (tags: Bank Stress Test, Bank Stress Tests, Bank Stress Tests Made Public, Public Stress Tests, Stress Tests Go Public, Business News )

Blue
- 254 days ago - online.wsj.com
The Obama administration is considering making public some results of the stress tests being conducted on the country's 19 largest banks, said people familiar with the matter, a move that could help more clearly separate healthy banks from the weaklings
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Blue Bunting (855)
Tuesday April 14, 2009, 7:15 pm


Wall Street Journal:

The Obama administration is considering making public some results of the stress tests being conducted on the country's 19 largest banks, said people familiar with the matter, a move that could help more clearly separate healthy banks from the weaklings.

Until now, the government has tried to treat all banks equally, pouring cash into both strong and struggling institutions to prop up the financial sector. The strategy has provided cover for beleaguered banks, which received funds along with their stronger brethren.

Read the whole story: Wall Street Journal
 
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