Oz Shy (TC) : Last month, the Federal Reserve announced that 31 out of 33 U.S. banks had passed its latest “stress test,” designed to ensure that the largest financial institutions have enough capital to withstand a severe economic shock. Photo courtesy of Jorge Royan Passing the test amounts to being given a clean bill […]
Posts Tagged ‘almallah’
Fed’s focus on ‘too big to fail’ won’t save taxpayers from next bank bailout
July 9th, 2016 Awake Goy