by Lionel Creech
The fact that the government will release results of the bank stress tests is good news. It's about time regulators abandoned the notion that all banks are equal.
The Obama administration confirmed Wednesday that the government will release some of the results of the stress tests currently being conducted on 19 big banks. The results of those tests will determine how much, if any, new funding banks will need in order to survive a longer recession.
It is widely expected that none of the banks will actually fail the test. But that doesn't mean everyone is going to pass with flying colors, either.
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