Wall Street Breakfast: Must-Know News [View article]
What's it to be? They said get out there and make loans, now they say you have to hold more capital. They can't do both at the same time! Seems the stress test was a waste of time if indeed lending was really needed to stimulate the economy. I thing they should be better and more regulated, but in this instance banks should be left alone to find their own path.
Wall Street Breakfast: Must-Know News [View article]