Bank Stress Tests Less Stressful than Anticipated
- May 4th, 2009
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We’re seeing new components of President Obama’s economy rescue plan put into place daily. One of these, a stress test on the Nation’s largest 19 banks, was recently conducted. The results were supposed to be published today but for whatever reason will now be fully disclosed this Thursday afternoon. Officials conducting the test have given some sneak peeks at the results but are waiting until Thursday for the full disclosure.