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Stress Tests

Fed Said to Ask Stress-Tested Banks to Submit TARP Repayment Plans

Bloomberg | By Scott Lanman and Craig Torres | Posted 11.24.2009 | Business

Read More: Tarp, Geithner, Repayment Plan, Stress Tests, Goldman Sachs, Bank of America, Paulson, Timeline, Regions Financial, Gmac, Wells Fargo, Fdic, Failed Banks, Toxic Asset Relief Plan, Fed, TARP Repayment, Treasury, Banks, Financial Crisis, Citigroup, Business News

The Federal Reserve asked nine of the U.S. banks that were part of this year's stress tests to submit plans for repaying the government's capital inje...

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GMAC Asks For $2.8 Billion More In Taxpayer Money

Wall Street Journal | DAN FITZPATRICK and DAMIAN PALETTA | Posted 10.28.2009 | Business

Read More: Car Buyers, Auto Industry, Stress Test, Stress Tests, Financing, Gm, Alvaro De MOlina, Car Loans, Car Dealerships, Automakers, Auto Loans, Fdic, Gmac, General Motors, Bailout Bandits, Car Financing, GMAC Financial Services, Detroit, Cash for Clunkers, Banks, Auto Sales, Car Dealers, Ceberus Capitol, Ceberus, Business News

The U.S. government is likely to inject $2.8 billion to $5.6 billion of capital into the Detroit company, on top of the $12.5 billion that GMAC has re...

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Banking on Failure: FDIC Shutting Down Insolvent Banks at a Record Pace

Sheldon Filger | Posted 09.18.2009 | Business

Read More: Banking Crisis, Colonial-Bank, Timothy Geithner, Colonial Bank Failure, Fdic, Bank Failures, Federal Deposit Insurance Corporation, Eurozone, Stress Tests, Former-Soviet-Bloc, Geithner Banks, Obama Bank Stress Tests, FDIC Banks, Banks, Western Europe, Eastern Europe Economy, Bank Bailout, Geithner Bank Bailout, Business News
Sheldon Filger

It is preposterous to conclude that the U.S. banking sector is well capitalized and strong enough to endure a severe economic recession.

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Financial Reforms: Is Europe Hypocritical?

Georges Ugeux | Posted 09.05.2009 | Business

Read More: Financial Regulatory Institutions, London, G20 Summit, Regulatory System, European Parliament, G20 CommuniquéS, Hedge Funds, Ratings Agencies, Stimulus Package, President Sarkozy, Prime Minister Gordon Brown, Wall Street, Tax Havens, Short Sales, " Council of Ministers, European Central Bank, Stress Tests, TARP Money, European Union, United States, Credit Cards, Oecd, France, Transparency, European Summit, German Chancellor Angela Merkel, Regulations on Compensation, Regulatory Reform, Sec, “Locusts”, President George W. Bush, Business News
Georges Ugeux

European bank losses were as high as the U.S. They used the same compensation system, and their fragmented and ineffective regulatory system shares responsibility for the crisis.

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TARP Watchdog: Stress Tests Relied On Too Rosy A Scenario

AP | ANNE FLAHERTY | Posted 07.09.2009 | Business

Read More: Elizabeth Warren, Stress Tests, Bailout, TARP Watchdog, Economy, Bank Stress Tests, Financial Crisis, Stress Tests Not Enough, Congressional Oversight Panel, Tarp, Business News

WASHINGTON — A government test of whether 19 major banks could survive a further downturn in the economy may have relied on too rosy a scenario ...

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How To Live On $0 A Day: Where To Put Your Remaining Assets

Lesley Stern | Posted 06.29.2009 | Comedy

Read More: Fdic, Bank Failures, Bank Fees, Piggy-Banks, Humor, Budget, Prada, Economy, Economic Crisis, Guns, Financial Advice, Mattress, Investing, Investment Advice, Insurance, Financial Meltdown, Banks, Financial Crisis, Booze, Comedy, Tarp, Stress Tests, Credit Crisis, Credit Cards, Bailout, Fees, Business, Living, Stock Market, Wall Street, Comedy News
Lesley Stern

Many banks won't accept deposits of less than $100. Those that do tend to get a little uppity when presented with a deposit in 20 lbs. of rolled pennies.

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ALL BUSINESS: Banks profit from capital raising

AP | RACHEL BECK | Posted 06.16.2009 | Business

Read More: Stress Tests, Bank Bailouts, Financial Crisis, Banks, Banks Raise Capital and Profit, Wall Street, Wall Street Bank Bailout, Business News

NEW YORK — Leave it to Wall Street to figure out a way to win big from a government-mandated rush by banks to raise capital. Some financial com...

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BofA Needs Board Members With Actual Banking Experience

Huffington Post | Ryan McCarthy | Posted 06.15.2009 | Business

Read More: Bank of America, Bank of America Board, Banking Regulation, Stress Tests, Bailout, Business News

The government says that Bank of America, the biggest bank in the U.S., needs to add board members with actual banking experience. The Wall Street Jo...

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Implications of the Bank Stress Tests

Douglas J. Elliott | Posted 06.12.2009 | Business

Read More: Tarp, Stress Tests, Troubled Assets Relief Program, Banking Bailout, Troubled Asset Relief Program, Banking, Banking Crisis, Financial Crisis, Imf, Banking Industry, Banking System, Troubled Banks, Business News
Douglas J. Elliott

The financial "stress tests" on the big banks gave us good news: they "only" need $75 billion of new capital. That's a lot of money, but much less than many of us feared.

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Stress Test for U.S. Banks Is a Complete Fraud

Sheldon Filger | Posted 06.12.2009 | Business

Read More: Aig, Stress Tests, Warren Buffet, Derivatives, Bank Stress Tests, Federal Reserve, Financial Crisis, Credit Default Swaps, Timothy Geithner, Ben Bernanke, Citigroup, Global Economic Crisis, J.P. Morgan Chase, Treasury Secretary, Business News
Sheldon Filger

It is the fear of the derivatives toxin that has frozen credit markets, leading to the Global Economic Crisis. Geithner's stress test can't fix the calamitous state of the U.S. banking sector.

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Why the Banks Still Aren't Fixed

US News | Rick Newman | Posted 06.12.2009 | Business

Read More: Saving Banks, Stress Tests, Banking System, Business News

The stress tests are done. The results are better than feared. Bank stocks are up. A few large lenders, such as Capital One, US Bancorp, and BB&T, are...

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Banks Must Test More to Identify Other Risks Says Bernanke

Bloomberg | Scott Lanman and Steve Matthews | Posted 06.12.2009 | Business

Read More: Federal Reserve Stress Tests, Stress Tests, Internal Stress Tests, Fed and Stress Tests, Ben Bernanke, Business News

Federal Reserve Chairman Ben S. Bernanke said efforts by U.S. banks to raise capital are "encouraging" and called on firms to identify other risks thr...

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Banks' Fee Bonanza From Stress Tests

Financial Times | Francesco Guerrera, Anuj Gangahar and Saskia Scholtes | Posted 06.12.2009 | Business

Read More: Stress Tests, Bank Fees Stress Tests, Banking Fees From Stress Tests, Bank Stress Tests, Banks, Banking Fees, Business News

The completion of US banking "stress tests" has unleashed a fee bonanza for Wall Street, with financial institutions set to earn more than $500m in ju...

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Collateral Damage and Double Standards

Robert Kuttner | Posted 06.10.2009 | Politics

Read More: Stress Tests, Wall Street Crisis, Wall Street, Economy, Gop, Ben Bernanke, Zombie Banks, Politics News
Robert Kuttner

The stress tests were not a set of rigorous examinations at all, but a modeling exercise using the banks' own valuations of their assets. Why is the Fed low-balling the problem? The hope is that by keeping the banks afloat for a few more months, and trying to entice private capital back to the table, the recovery in other parts of the economy will spill over onto the banks. But the greater likelihood is that weakened banks will continue dragging down the rest of the economy.

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US Stress Tests Leave Europe's Banks Exposed

CNBC | Antonia Oprita | Posted 06.09.2009 | Business

Read More: Financial Crisis, Stress Tests, Stress Tests European Banks, European Banks, Business News

The results of the stress tests on 19 of the biggest US banks have left European banks exposed, as they now look vulnerable to recapitalization needs ...

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Left, Right & Center: From Stress Tests to Jack Kemp

Huff Radio | Posted 06.09.2009 | Politics

Read More: Stress Tests, Jack Kemp, Afghanistan, Pakistan, Maine Gay Marriage, Barack Obama, Gay Marriage, Politics News
Huff Radio

Alert the media -- banks need money! Who's stressed and who's reassured by the government's test of the banks' capitalization? Plus we remember Jack Kemp.

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Banks Won Concessions On Stress Tests

Wall Street Journal | DAVID ENRICH, DAN FITZPATRICK and MARSHALL ECKBLAD | Posted 06.09.2009 | Business

Read More: Banks, Stress Tests, Stress Test Concessions, Business News

he Federal Reserve significantly scaled back the size of the capital hole facing some of the nation's biggest banks shortly before concluding its stre...

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Wells Fargo, Morgan Stanley Find Ready Investors Following Stress Tests

New York Times | GRAHAM BOWLEY | Posted 06.08.2009 | Business

Read More: Stress Tests, Morgan Stanley, Wells Fargo, Business News

A day after federal regulators ordered 10 of the nation's biggest banks to raise a total of $75 billion in extra capital, the first of them, Wells Far...

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The Stress Tests and Commercial Real Estate

Sam Chandan | Posted 06.08.2009 | Business

Read More: Stress Tests, Commercial Real Estate, Real Estate, Stress Test Results, Bank Stress Tests, Business News
Sam Chandan

Neither investors nor the public should accept policy makers' and regulators' assertions that the tests of commercial real estate have been undertaken carefully.

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Jason Linkins

NY Mag Suggests A Post-Stress Test Checklist

HuffingtonPost.com | Jason Linkins | Posted 06.08.2009 | Media

Read More: Stress Tests, Nouriel Roubini, David Brooks, Bank Stress Tests, Banking Crisis, Banks, Financial Crisis, Nassim Taleb, New York Times, Timothy Geithner, Paul Krugman, Bank Bailout, Media News

I have got to tell you all, I am LOVING THESE STRESS TESTS. For real. Who'd have thought that you could have a test in which the testees could negot...

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Sam Stein

White House Lays Groundwork For Management Changes At Struggling Banks

HuffingtonPost.com | Sam Stein | Posted 06.08.2009 | Business

Read More: Stress Tests, Bank Management, Treasury Department Stress Tests, Federal Reserve, Banks Ceo, Bank Leadership, Business News

In addition to unveiling the results of the stress tests on Thursday, the Federal Reserve made public the outlines and regulations for those banks tha...

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Good News for the Surprisingly Not Very Stressed

Fortune's Stanley Bing | Posted 06.08.2009 | Business

Read More: Bank Failures, Bailouts, Bank Stress Tests, Stress Tests, Business News
<i>Fortune</i>'s Stanley Bing

The majority of our banks have flunked their stress tests. Are we worried? Not at all. Because while they are stressed, they are not stressed as badly as we might have feared.

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Five Reasons The Bank Stress Tests Are Unreliable

Huffington Post | Julie Satow | Posted 06.08.2009 | Business

Read More: Banks, Stress Tests, Why Stress Tests Are Bad, Bank Stress Tests, Stress Test for Banks, Stress Test Bank, Bank Stress Test, Business News

A simple guide to why the stress tests weren't stressful enough: 1. The stress test allows for a debt-to-net capital ratio of 25 to 1. That is far hi...

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Comparing The Stress-Tested Banks

Wall Street Journal | Posted 06.08.2009 | Business

Read More: Stress Tests, Wall Street Journal, Federal Reserve, Business News

The Wall Street Journal has a chart today comparing the nineteen banks that were stress tested by the government. Check it out here. ...

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Feds Give BofA And Citi 30 Days To Fire Their CEOs

businessinsider.com | Joe Weisenthal | Posted 06.07.2009 | Business

Read More: Citi, Bank of America, Stress Tests, Bofa, BofA CEO, Citigroup, Citi CEO, Business News

One very interesting note, which David Zaring picked up on, is that in this 30 day period "...firms will need to review their existing management and ...

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