Panel Wants Bank Stress Tests Repeated

09 Jun 2009

The Congressional Oversight Panel is calling for a new round of stress-testing for banks, claiming regulators may have underestimated the institutions’ ability to remain solvent because it did not project economic problems far enough into the future.

The Congressional Oversight Panel is calling for a new round of stress-testing for banks, claiming regulators may have underestimated the institutions’ ability to remain solvent because it did not project economic problems far enough into the future. Pointing to May unemployment figures, the highest in 26 years at ...

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