Former FDIC Chair Isaac Says Bank Stress Tests Backfired, Rattled Markets → Washingtons Blog
Former FDIC Chair Isaac Says Bank Stress Tests Backfired, Rattled Markets - Washingtons Blog

Monday, April 27, 2009

Former FDIC Chair Isaac Says Bank Stress Tests Backfired, Rattled Markets


Former FDIC chairman William Isaac says that the stress tests have backfired, and only succeeded in rattling markets.

This is not surprising, given that the stress tests were a sham.

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