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jepomat's Comments

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S&P Downgrades Bankia, Four Other Spanish Banks

S&P Downgrades Bankia, Four Other Spanish Banks

Commented Jun 10, 2012 at 02:33:11 in Business

“Indeed, as said in another comment, this means that the stress tests conducted a year ago were not well conducted at all. Why, for instance, were the banks allowed to input so much of their own data and parameters into the tests ? We all know the adage: garbage in, garbage out.

When and by whom will REAL and CONVINCING tests be undertaken ?

When will the very highly paid incompetent regulators at the EBA be laid off ?”