Stress Test Fraud Marries Endless QE
The bank stress tests in the U.S. and Europe are total baloney. I’ve said it before and I’ll say it again for the benefit of whoever is stumbling upon my wisdom for the first time. Comparing the safety of Citigroup (C) and JPMorgan (JPM) is like comparing whether a ton of bricks or a ton [...] View the full post at: Stress Test Fraud Marries Endless QE Related posts: Geithner’s “Stress Test” for Banks, and a Stress Test for America Nation’s Largest Banks Set to Pass the ‘Stress Test’, but More Capital is Needed Fed Asks Banks to Remain Silent on ‘Stress Test’ Results
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