Fed Tells Banks To Keep Quiet On Stress Tests

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Bloomberg   |  Bradley Keoun and Scott Lanman   |   04/10/09

I Like ItI Don’t Like It
Tim Geithner

Bloomberg:

The U.S. Federal Reserve has told Goldman Sachs Group Inc., Citigroup Inc. and other banks to keep mum on the results of "stress tests" that will gauge their ability to weather the recession, people familiar with the matter said.

The Fed wants to ensure that the report cards don't leak during earnings conference calls scheduled for this month. Such a scenario might push stock prices lower for banks perceived as weak and interfere with the government's plan to release the results in an orderly fashion later this month.

Read the whole story: Bloomberg

The U.S. Federal Reserve has told Goldman Sachs Group Inc., Citigroup Inc. and other banks to keep mum on the results of "stress tests" that will gauge their ability to weather the recession, people f...
The U.S. Federal Reserve has told Goldman Sachs Group Inc., Citigroup Inc. and other banks to keep mum on the results of "stress tests" that will gauge their ability to weather the recession, people f...
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- Luvial I'm a Fan of Luvial 17 fans permalink

This is more of Obama's invisible transparency. Money to the rich, nothing for the middle class.

    Favorite    Flag as abusive Posted 08:47 AM on 04/11/2009
- paixa3 I'm a Fan of paixa3 25 fans permalink

To any attorney reading this thread. How might I go about getting a copy of these reports through the Freedom Of Information Act? I appreciate your help.

Cheers,

    Favorite    Flag as abusive Posted 07:28 PM on 04/10/2009
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Can't. It falls under the guise of National Security.

    Favorite    Flag as abusive Posted 09:57 PM on 04/10/2009
- Prakosh I'm a Fan of Prakosh 231 fans permalink
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We may not be a legally sanctioned Christian nation, but all of the religious holidays that are governmentally recognized are Christian Holidays. Name one Muslim or Jewish or pagan holiday that has such government sanction. I'm still waiting!!!

    Favorite    Flag as abusive Posted 04:43 PM on 04/10/2009
- FZliveson I'm a Fan of FZliveson 99 fans permalink
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Holidays are based on traditions. Traditions define the culture. Hmmm so if we have
a majority of holidays that are representative of a particular thing, then that thing defines
the culture. Almost all of the Christian symbolism has dissipated into
a commercialized context. The new religion is commerce under the Uniform Commercial Code.
Buy a plane ticket and celebrate the holidays where they have most significance.

    Favorite    Flag as abusive Posted 10:31 AM on 04/11/2009
- zitlight73 I'm a Fan of zitlight73 43 fans permalink

"Government tells banks not to reveal stress test results." Then you get to the story and you say it isThe Federal Reserve Board that said this. Technically the Fed is not the government it is a corporation, one that's never been audited by the way. It's interesting how little ink has been given to the amount of taxpayer money given to the Fed since last fall, Matt Taibbi put it around $6 trillion dwarfing the piddly $700 billion doled out in TARP funds. Constitutionally the Fed is not part of the government, it is exactly the type of entity the Jefferson warned us the US about. Jefferson said that if We the People ever let the banks control our currency the children of this nation would wake up homeless. All presidents since John Kennedy have been puppets of the Fed. John Kennedy did take our currency away from the Fed in June 1963, he was shot November 22, 1963 and the Fed was back in control of our currency by December.

    Favorite    Flag as abusive Posted 04:41 PM on 04/10/2009
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At last a realist!!!

    Favorite    Flag as abusive Posted 10:03 PM on 04/10/2009
- FZliveson I'm a Fan of FZliveson 99 fans permalink
    Favorite    Flag as abusive Posted 10:34 AM on 04/11/2009
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barry: "i will have the most transparent administration..yada, yada.."

    Favorite    Flag as abusive Posted 04:37 PM on 04/10/2009
- RButler I'm a Fan of RButler 62 fans permalink

What is really 'transparent' is the way Obama speaks out of both sides of his mouth. But, you already knew that. He should give Bill Clinton 'slick' lessons. By the end of his term, his die-hard fans will be supporting the exact opposite of what they voted for. It's even worse than the 'Stockholm Syndrome'. That's because they will be doing it willingly.

    Favorite    Flag as abusive Posted 05:21 PM on 04/10/2009
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there will be an attempt to have another coronation of our Dear Leader

b.ar rack the magnificent, the mo.st merci ful

    Favorite    Flag as abusive Posted 05:27 PM on 04/10/2009
- Prakosh I'm a Fan of Prakosh 231 fans permalink
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I think that what we are arguing about here regarding whether Amrican is a Chrtistian nation or not is the difference between de jure and de facto. It is not legally a Christian nation in the way that France before the Revolution of 1790 was, but the general tenure of the government seems to be Christian or at least GODLY whatever that might mean. Look at most of our money from the penny to the $100 dollar bill--all say "In God We Trust"--Do you think they were talking about a Greek God, a Jewish God or a Christian God or just any old God like Jupiter or Athena or NoboDaddy???

    Favorite    Flag as abusive Posted 04:32 PM on 04/10/2009
- gladys46 I'm a Fan of gladys46 244 fans permalink

It's quite ambiguous huh ! Failing to specifiy which "God" !!! Reading is fundamental ! The fact that this is true, why would you or anyone else assume that that statement means the Christian God !??

    Favorite    Flag as abusive Posted 04:44 PM on 04/10/2009
- naschkatze I'm a Fan of naschkatze 108 fans permalink

Are you sure you're on the right thread?

    Favorite    Flag as abusive Posted 08:37 PM on 04/10/2009
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"Around the world in eighty days, tra la la la, tra la la la, tra la la laaa, la laa".

    Favorite    Flag as abusive Posted 10:00 PM on 04/10/2009
- murphy80 I'm a Fan of murphy80 11 fans permalink

ah, is Geithner in yorba?

is that messing the economy too.

    Favorite    Flag as abusive Posted 04:01 PM on 04/10/2009
- Mezcalero I'm a Fan of Mezcalero 2 fans permalink

Wow, I like that "MEANasaSNAKE" guy,

whoever he is, he's a real bada$$. No one can tro// better than he :)

    Favorite    Flag as abusive Posted 03:42 PM on 04/10/2009
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I think MEANasaSNAKE is a yeller bellied snake.

    Favorite    Flag as abusive Posted 03:31 PM on 04/10/2009
- Mezcalero I'm a Fan of Mezcalero 2 fans permalink

Where's a mongoose when you need one? :)

    Favorite    Flag as abusive Posted 03:45 PM on 04/10/2009
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gladys46 See Profile I'm a Fan of gladys46 permalink
Forgive me, I forget you're pretty thick !

Yorba is an african religion that celebrates the essence of good friday right here in America !

So you may concede the issue if you like ... I'll leave you some undeserved dignity !
________________________________________________________________

Why would an African religion, I believe called "Yoruba" not "Yorba", celebrate the crucifixion of JC unless it specifically believed in the most central theme of Christianity, which would mean they would fall under the heading of 'Christian sect'?
Like those that believe in handling snakes etc.

    Favorite    Flag as abusive Posted 03:04 PM on 04/10/2009
- gladys46 I'm a Fan of gladys46 244 fans permalink

Your spelling is correct !

I don't intend to argue or explain to you why certain religions are what they are or why they celebrate good friday right here in America on TODAY !

Suffice it to say ... ah, thank you, they are what they are ... religions that is !

However, America is NOT A CHRISTIAN NATION !

    Favorite    Flag as abusive Posted 03:10 PM on 04/10/2009
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heh

yea, whatever.

    Favorite    Flag as abusive Posted 03:11 PM on 04/10/2009
- gladys46 I'm a Fan of gladys46 244 fans permalink

Which is what you feebly attempted to suggest !

    Favorite    Flag as abusive Posted 03:11 PM on 04/10/2009
- gladys46 I'm a Fan of gladys46 244 fans permalink

For your further enlightment !

http://en.wikipedia.org/wiki/Yoruba_mythology

    Favorite    Flag as abusive Posted 03:13 PM on 04/10/2009
- gladys46 I'm a Fan of gladys46 244 fans permalink

"enlightenment" ....

    Favorite    Flag as abusive Posted 03:16 PM on 04/10/2009
- Prakosh I'm a Fan of Prakosh 231 fans permalink
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We may not be a Christian nation, but all of the religious holidays that are governmentally recognized are Christian Holidays. Name one Muslim or Jewish or pagan holiday that has such government sanction.

    Favorite    Flag as abusive Posted 04:06 PM on 04/10/2009
- gladys46 I'm a Fan of gladys46 244 fans permalink

Be informed, President Obama just celebrated Sadre last evening ... I'll see that as a presidential acknowledgement !

And, you may want to check the teacher attendances in public schools when other Je wish holidays are celebrated !

    Favorite    Flag as abusive Posted 04:40 PM on 04/10/2009
- Prakosh I'm a Fan of Prakosh 231 fans permalink
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I'm still waiting!!!

    Favorite    Flag as abusive Posted 04:41 PM on 04/10/2009
- Prakosh I'm a Fan of Prakosh 231 fans permalink
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I thought it was Yoruba too, in fact that is why I put "Yorba" in quotes.

    Favorite    Flag as abusive Posted 04:21 PM on 04/10/2009
- HumeSkeptic I'm a Fan of HumeSkeptic 1669 fans permalink
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If we are a Christian nation, only Christians should be "defending our freedoms" in Iraq and Afghanistan.
.

    Favorite    Flag as abusive Posted 03:03 PM on 04/10/2009
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Za, za, za, zzzzzzzzzzzzzzzzzing!

    Favorite    Flag as abusive Posted 03:26 PM on 04/10/2009
- Mezcalero I'm a Fan of Mezcalero 2 fans permalink

You'll like this:

As declared by the U.S. Senate, 1796 - 1797:

Treaty of Tripoli:

"Art. 11. As the Government of the United States of America is not, in any sense, founded on the Christian religion; as it has in itself no character of enmity against the laws, religion, or tranquility, of Mussulmen [Muslims]; and, as the said States never entered into any war, or act of hostility against any Mahometan [Islamic] nation, it is declared by the parties, that no pretext arising from religious opinions, shall ever produce an interruption of the harmony existing between the two countries."

    Favorite    Flag as abusive Posted 03:45 PM on 04/10/2009
- gladys46 I'm a Fan of gladys46 244 fans permalink

I think President Obama has really taught these repub idjitts much ! And, thank you for posting that, it's precisely what the President stated in other words !

    Favorite    Flag as abusive Posted 04:05 PM on 04/10/2009
- HumeSkeptic I'm a Fan of HumeSkeptic 1669 fans permalink
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If we are a Christian nation, why aren't the Ten Commandments the law of the land.
We're all going to h-e-ll because of that omission by our Founding Fathers.

Coveting your neighbor's wife or @$$ should be illegal.
.

    Favorite    Flag as abusive Posted 02:56 PM on 04/10/2009
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And yet posters here think greed should be outlawed and punished..

Hmmm, seems again to be a cognitive disconnect.

    Favorite    Flag as abusive Posted 02:59 PM on 04/10/2009
- HumeSkeptic I'm a Fan of HumeSkeptic 1669 fans permalink
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And yet posters here think greed should be outlawed and punished..
--------
Show me one poster who said that, or admit that you are a f!lthy l!ar, just like your daddy Limbaugh.
.

    Favorite    Flag as abusive Posted 03:02 PM on 04/10/2009
- FZliveson I'm a Fan of FZliveson 99 fans permalink
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HumeSkeptic....easy boy. Perhaps you never heard;
Bill Clinton went to the Vatican and met with the Pope.
He was trying to get the Ten Commandments downgraded to
Seven Commandments and Three Stern Warnings!

    Favorite    Flag as abusive Posted 02:06 PM on 04/11/2009
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Hume, my friend, you seem to have a lot of troIIs p*ssed off at you.


Keep up the good work.

    Favorite    Flag as abusive Posted 02:53 PM on 04/10/2009
- HumeSkeptic I'm a Fan of HumeSkeptic 1669 fans permalink
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:-)

You should have seen on that Iraq thread last night. There were like 8 tr0lls and 8 w00w00s attacking me from opposite directions. Half of them called me a C0mmun!st and the other half called me a NeoCon.

I finally decided that I am a Z!onist anti-Semite working for the CIA.

It was a joy.
.

    Favorite    Flag as abusive Posted 03:00 PM on 04/10/2009
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You are such an important man and your views are so threatening when expressed with your eloquent gifts that you become a huge target..

In your own mind.

    Favorite    Flag as abusive Posted 03:10 PM on 04/10/2009
- HumeSkeptic I'm a Fan of HumeSkeptic 1669 fans permalink
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WASHINGTON – President Barack Obama said Friday the economy is showing "glimmers of hope" despite continuing stresses and signaled more steps to brighten the business climate.

Obama commented to reporters after meeting at the White House with members of his economic team, including Treasury Secretary Timothy Geithner, economic adviser Larry Summers and Federal Reserve Chairman Ben Bernanke.

"What we're starting to see is glimmers of hope across the economy," the president said, although he also noted that the economy is "still under severe stress."
...
http://news.yahoo.com/s/ap/20090410/ap_on_go_pr_wh/obama_economy
---------------

It must be that St Ronnie's policies are working, and Obama is ready to take credit for it. ;-)
.

    Favorite    Flag as abusive Posted 02:46 PM on 04/10/2009
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Those "glimmers" were just the bubbles in his malt liquor..

    Favorite    Flag as abusive Posted 02:48 PM on 04/10/2009
- HumeSkeptic I'm a Fan of HumeSkeptic 1669 fans permalink
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Clever!

You are so smart.

    Favorite    Flag as abusive Posted 02:52 PM on 04/10/2009
- RButler I'm a Fan of RButler 62 fans permalink

Are you sure they're not the bubbles in his bath water?

    Favorite    Flag as abusive Posted 05:25 PM on 04/10/2009
- FZliveson I'm a Fan of FZliveson 99 fans permalink
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Obama hasn't even delivered the freaking puppy for his daughters yet.
What's he waiting for, permission from the vatican?

    Favorite    Flag as abusive Posted 02:08 PM on 04/11/2009
- veritasor I'm a Fan of veritasor 3 fans permalink

Here is the basic reason behind the continued high risk bailout.
Geithner's dirty little secret, By F William Engdahl, April 3, 2009
http://www.atimes.com/atimes/Global_Economy/KD03Dj02.html

Make a difference and join the following event, as a responsibility.
http://www.anewwayforward.org/demonstrations/

    Favorite    Flag as abusive Posted 02:46 PM on 04/10/2009
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