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8th May
2009
written by alupa

Here’s a great article about how the banks are doing. I don’t fancy myself an economic analyst, but this was a fairly decent article, with great information if you check out the actual report. Check out the section on the left called “The Feds Report” if you’ve got some time and would like to throw up in your mouth a little. How did your bank fare?

“The government’s long-awaited “stress-test” results have found that 10 of the nation’s 19 largest banks need a total of about $75 billion in new capital to withstand losses if the recession worsened.”

http://www.npr.org/templates/story/story.php?storyId=103914217&ft=1&f=1001

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