Saturday, April 18, 2009

Bank Regulators Clash Over U.S. Stress-Tests Endgame

Excerpt:

While weaker banks deemed to need additional capital will be given six months to raise it, financial markets may have little more than six minutes of patience before punishing them if the information is publicly released, one official said.

Voltron says: I'm waiting for the results with my baby seal club . . . grinning. I won't wait six seconds.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aQM1Cmt7cY24

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