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I would like the "Stress Tests" done with EJ's "worse case scenario".
Following the first clip, is Ms. Warren COP's June Report.
Following the first clip, is Ms. Warren COP's June Report.
Watchdog wants stress test do-over
Congressional Oversight Panel cites rising unemployment as a reason why big banks need another stress test; also calls for more details about tests.
Banks that were stress tested by the government earlier this year should undergo another round of examinations, a government watchdog group said Tuesday, amid signs that the U.S. economy may be deteriorating faster than first expected. In its latest report to lawmakers, the Congressional Oversight Panel pointed to the unemployment report for the month of May as a sign that the stress tests were not stressful enough.
Congressional Oversight Panel cites rising unemployment as a reason why big banks need another stress test; also calls for more details about tests.
Banks that were stress tested by the government earlier this year should undergo another round of examinations, a government watchdog group said Tuesday, amid signs that the U.S. economy may be deteriorating faster than first expected. In its latest report to lawmakers, the Congressional Oversight Panel pointed to the unemployment report for the month of May as a sign that the stress tests were not stressful enough.
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