2009/05/08

Fed Sees Up to $599 Billion in Bank Losses

For those who are interested with the banking stress test result, WSJ got a nifty interactive chart

The purpose of stress test is to test and forecast that if worse case scenarios do occur, how much capital lifeline will the banks needed in order operate at a regulatory requirement level.

Meanwhile, Taleb and Roubini tagged up again saying we are in the most difficult period of humanity because governments no long have the control they once did

Both are entertaining stories that one must read with a grain of salt.

Happy weekend!
comparing all the key metrics between the different financial institutions.

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