This week, the Congressional Oversight Panel recommended that the nation’s big banks be stress tested again, because if problems with mortgage-backed securities are widespread, the consequences could be dire. Now, the Fed has agreed to run those tests, which it wouldn’t do if it wasn’t worried.
Continue reading The New Bank Stress Tests Show Just How Serious the Mortgage Mess Is
The New Bank Stress Tests Show Just How Serious the Mortgage Mess Is originally appeared on DailyFinance on Thu, 18 Nov 2010 10:56:00.
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