Seeking Alpha

BofA and others easily pass stress tests

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Comments (6)
  • bbro
    , contributor
    Comments (10534) | Send Message
    These stress tests are very informative and quite useful..the problem has been in the past that it has required a financial journalist to do some serious homework .Most don't want or can't do it.
    16 Sep 2013, 03:03 PM Reply Like
  • minecanary
    , contributor
    Comments (700) | Send Message
    I'd say the problem is telling the truth. Same second sentence.
    16 Sep 2013, 03:06 PM Reply Like
  • gwynfryn
    , contributor
    Comments (5076) | Send Message
    I'm with you, min; why should we be surprised they all passed, when they can pretty much make the numbers up as they go along?
    17 Sep 2013, 08:27 AM Reply Like
  • bbro
    , contributor
    Comments (10534) | Send Message
    "Armageddon-like scenarios with the exception of one: sharply higher interest rates. "


    Wonder what nominal GDP growth would be??
    16 Sep 2013, 04:26 PM Reply Like
  • Brian Bobbitt
    , contributor
    Comments (2045) | Send Message
    "Trust me, everything is okay. "
    A line taken from the captain of the Titanic
    Capt. Brian
    The Lost Navigator
    16 Sep 2013, 06:38 PM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (11785) | Send Message
    Go figure. TBTF banks also think it's great to gamble themselves rather than loan it nowadays too. They all pass the stress test because they rightly assume that they will get bailed out if they lose any big gamble. Talk about free rolling on the taxpayer's buck.
    17 Sep 2013, 03:47 AM Reply Like
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