Tuesday, May 5, 2009
ARIANNA TELLS IT LIKE IT IS
http://www.huffingtonpost.com/arianna-huffington/the-stress-tests-fail-the_b_196350.html
The Stress Tests Fail The Smell Test
The results of the much-anticipated bank stress tests are finally set to be released on Thursday -- after the markets close. But we can already give the Obama economic team a grade for the way the tests have been handled: F.
For starters, why the holdup in releasing the results? It's been ten days since the Treasury Department and the Fed let the banks in on the preliminary results of the tests. So how come the public -- you know, the ones who keep bailing out the banks -- are still, ten days later, in the dark?
more....
NOTE*
GOLDTRADER HAS BEEN BANNED FROM COMMENTING ON HUFFINGTON POST. FOR WHAT REASON
I DO NOT KNOW, AS ONCE YOU ARE BANNED, YOU CANNOT CONTACT THEM.
SO MUCH FOR FREE SPEECH
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