Bank Stress test results
May 6th, 2009
US govt was supposed to announce the stress test results of the bank on May 4 . Then they shifted the dates then to May 7 but slowly leaked the news of test results. Bank of America and citibank were talking couple of weeks back that they would return the TARP money but the test results shows that they need addition capital.
It is a big damn lie. Whom to trust ?
Zero hedge had explained in details what these tests are revealing what is the real situation
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