The Fed unveils its doomsday scenario for the upcoming bank stress tests: how the 19 biggest...

|By:, SA News Editor

The Fed unveils its doomsday scenario for the upcoming bank stress tests: how the 19 biggest U.S. banks would survive a world with 13% unemployment, a 50% drop in stocks, and a 21% tumble in housing prices. The Fed plans to release full results Thursday at 4:30 p.m. ET. (earlier: I, II)