The problem with the infamous stress tests, TNP's Noam Scheiber says, is not that the government...

|By:, SA News Editor

The problem with the infamous stress tests, TNP's Noam Scheiber says, is not that the government won't acknowledge the size of banks' losses. It's that it squandered a rare opportunity: to snap banks out of a state of perpetual denial and unfettered optimism.