It appears that the stress test results will say that only one bank will need additional capital.
This is bullsh@#. The result that only one bank has issues, and they are small was pre-ordained from the start.
Because they don't want to say that banks are insolvent, and if they said that no banks had issues, the fix would be obvious, so they went with only 1 bank.
It looks like the good doctor (Roubini) agrees. He is saying that the stress tests are not "serious".
Teck of a job, Timmy.
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