BUSINESS
06/03/2009 05:12 am ET Updated May 25, 2011

Banks Prevailing In Tug Of War Over Stress Test Results

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 of their recent stress tests strains the already tenuous credibility of the exercise. It also shows that banks have become too powerful.

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