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Banks Stress Test Comedy

19-Apr-09

Extraordinary paragraph on the “stress tests” from Option Armagedon. You would love it, it’s so true and sad at the same time. But we have to confront the reality, there is no other way of working this crisis out..

“This is pure comedy.  We already know the stress tests are an exercise in “garbage-in, garbage-out” modeling and [...]

More on this topic (What's this?) Read more on Bank Stress Tests at Wikinvest