Who will be the next CEO to get the ax? In an interview with Bloomberg television to be aired this weekend, FDIC chairman Sheila Bair says that some b...
Sam Chandan | Posted 06.08.2009 | Business
Neither investors nor the public should accept policy makers' and regulators' assertions that the tests of commercial real estate have been undertaken carefully.
New York Times | Posted 06.07.2009 | Business
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 financi...
AP | DANIEL WAGNER and JEANNINE AVERSA | Posted 06.07.2009 | Business
WASHINGTON — Ten of the nation's largest financial firms need to raise $75 billion more to withstand the losses that would come with a deeper re...
Financial Times | Posted 06.06.2009 | Business
Joseph Schumpeter famously argued that the essence of capitalism was creative destruction, by which new economic structures are born from the rubble o...
Anthony Citrano | Posted 06.06.2009 | Business
The stress tests mostly overlook derivatives -- the $50 trillion elephant in the room -- by effectively letting banks apply their prior calculus in valuing them.
AP | STEPHEN BERNARD | Posted 06.05.2009 | Business
NEW YORK — Bank of America Corp. stock rose Wednesday as investors appeared comforted by reports that the bank has the means to cover a potentia...
HuffingtonPost.com | Arthur Delaney | Posted 06.05.2009 | Business
The results of the government's stress tests of 19 large financial institutions are supposed to be a secret until Thursday. The banks have been given ...
The Hill | Posted 06.05.2009 | Politics
Sen. Richard Shelby (R-Ala.), the top ranking Republican on the Senate Banking Committee, thinks the government should keep the results of bank "stres...
Wall Street Journal | DAMIAN PALETTA and DEBORAH SOLOMON | Posted 06.04.2009 | Business
WASHINGTON -- The U.S. is expected to direct about 10 of the 19 banks undergoing government stress tests to boost their capital, according to several ...
New York Times | Posted 06.03.2009 | Business
Informed debate is a crucial part of public policy development. But the behind-the-scenes tug of war between banks and the government over the results...
HuffingtonPost.com | Thomas B. Edsall | Posted 06.01.2009 | Politics
Disclosures that at least six of the 19 big banks undergoing stress testing have been ordered to acquire more capital has not assuaged critics who con...
Wall Street Journal | DAVID ENRICH and DAMIAN PALETTA | Posted 06.01.2009 | Business
Citigroup Inc. may need to raise as much as $10 billion in new capital, according to people familiar with the matter, as the government continues nego...
Bloomberg | Robert Schmidt and Rebecca Christie | Posted 05.30.2009 | Business
At least six of the 19 largest U.S. banks require additional capital, according to preliminary results of government stress tests, people briefed on t...
nakedcapitalism.com | Edward Harrison | Posted 05.29.2009 | Business
The leaks about who failed the stress tests are already starting. Who got a big fat 'F'? Apparently, Citi and BofA for starters. But is that any surpr...
New York Times | ERIC DASH | Posted 05.24.2009 | Business
Wall Street is stressed out about stress tests. After a two-month wait, the nation's 19 largest banks will start learning on Friday how they fared ...
Reuters | Mark Felsenthal and Karey Wutkowski | Posted 05.17.2009 | Business
The results of tests to gauge how the top 19 U.S. banks would fare should the deep U.S. recession worsen will be publicly disclosed on May 4, a regula...
Huffington Post | Ryan McCarthy | Posted 06.15.2009 | Business