Fed stress tests: too harsh, not harsh enough, just right - or an exercise in confusion? One...

|By:, SA News Editor

Fed stress tests: too harsh, not harsh enough, just right - or an exercise in confusion? One banker says the Fed's numbers made no sense; when his bank ran the stress test on its own, it came up with a higher capital ratio than the Fed reported. Citi and Sun Trust may have been burned because they "thought they had a mile of room” for dividend and share buybacks.