From Newsmax:
Insiders at the Federal Deposit Insurance Corp. (FDIC) are sniping that the so-called "stress" tests that Treasury Secretary Geithner wants to conduct on some of the nation's largest banks are a "pointless exercise" for public relations purposes.
The banking regulators, in interviews with the New York Post, claim that the Geithner plan is not a credible way to assess how much additional cash battered banks will need.
The reviews are being conducted by...
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