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Friday, May 01, 2009

Banks Fuss Over STRESS TEST Results

Debate over findings of stress tests delays release
The Federal Reserve was scheduled next Monday to publish results of the stress tests of the nation's 19 largest banks, but debate over the preliminary findings prompted the Fed to delay the release. The Fed might not disclose the results until the end of next week, sources said. Regulators, bank executives and other market participants are concerned about the handling of the release. 

 

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Victor Lloyd Smith

Millennium Lyon Asset Management

 

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