Who Profits Off Poor Test Results? Underwriters

New York Times:

For America's regional banks, it's merger time. With the results of the stress tests now public, it's clear that none of the country's largest financial institutions will fail. Those that need capital will find it, even if it takes de facto nationalization. But that doesn't mean the banking system is robust.

Read the whole story: New York Times

Comments

[beaupritchard]

"An alternative to propping up troubled banks with new capital is to actively encourage a wave of consolidation"

Make more big banks ... is this what you're saying ... I'm not criticizing I just wanting to understand.

[beaupritchard]

I'm ... fingers too fast for keyboard(or maybe it just needs a good cleaning).

[PhilipTaylor]

No Credit Flows to Main Street after Bloomberg says over 7 months FED+Treasury have pumped

$12,800,000,000,000

in WE1FARE to Wall Street to get Main Street Credit Flowing.

Still ZERO FLOW - In fact it dropped more.