06/07/2009 05:12 am ET | Updated May 25, 2011

Who Profits Off Poor Test Results? Underwriters

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.

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