The List of Banks that failed the stress test

April 8, 2009

Reuters is reporting that The U.S. Treasury Department is going to delay the release of the results of the bank stress test until after the first-quarter earnings, stating they are concerned about a complete melt-down in the financial markets when the results are made public.

US officials are worried about how the market will react to the stress test results and the last thing Treasury wants to do is set off a panic.

Evidently the results of the stress tests are far worse than expected and the U.S. Treasury Department is fearful of releasing this catastrophic report on top of their earnings report… in effect showing a double whammy that may send the market down into a black hole type spiral…. akin to the near 1000 point drops per day we were seeing late last year.

Most of the readers of this outlet are in Advertising, if you guys were running the show, would you release that much bad news in a single week… especially if you knew it was going to be really bad…. the only cause for the delay has to be worse than expected results for the stress test… clearly they are scared of a market meltdown…

It’s ugly people, really ugly.

Comments

  • Paula Hood

    The Fed decision to delay the announcement of the stress test results is a complete and total outrage….it’s just another gross example of the total manipulation of our markets. It’s yet another nauseating example of our government rewarding the very crooks and institutions who caused our economic crisis in the first place. I don’t remember “We the People” having any “say” in our newfound nationalism/socialism!!*XX**!!

    While I’m at it, on another subject, I’d like to add that part of our new government “regulatory controls” should be extended to the NYSE and other exchanges with regard to real-time media coverage. Specifically, tighter controls need to be mandated against the CNBC cheerleaders who have turned the exchanges into a media feeding frenzy. The CNBC analyst wannabees actually pride themselves and brag about their ability to move the markets during program segments.

    The media has no business on the floor of the NYSE or any other exchange for that matter. I would contend there must be some network sensoring software that’s available, similar to the “reaction meter” used by CNN during the 2008 Presidential election that could substantiate this claim with facts and data… some kind of real-time meter that could measure the impact of CNBC transcripts against the DJIA ticker.

    Paula Hood
    Seattle

  • Paula Hood

    The Fed decision to delay the announcement of the stress test results is a complete and total outrage….it’s just another gross example of the total manipulation of our markets. It’s yet another nauseating example of our government rewarding the very crooks and institutions who caused our economic crisis in the first place. I don’t remember “We the People” having any “say” in our newfound nationalism/socialism!!*XX**!!

    While I’m at it, on another subject, I’d like to add that part of our new government “regulatory controls” should be extended to the NYSE and other exchanges with regard to real-time media coverage. Specifically, tighter controls need to be mandated against the CNBC cheerleaders who have turned the exchanges into a media feeding frenzy. The CNBC analyst wannabees actually pride themselves and brag about their ability to move the markets during program segments.

    The media has no business on the floor of the NYSE or any other exchange for that matter. I would contend there must be some network sensoring software that’s available, similar to the “reaction meter” used by CNN during the 2008 Presidential election that could substantiate this claim with facts and data… some kind of real-time meter that could measure the impact of CNBC transcripts against the DJIA ticker.

    Paula Hood
    Seattle

  • Paula Hood

    The Fed decision to delay the announcement of the stress test results is a complete and total outrage….it’s just another gross example of the total manipulation of our markets. It’s yet another nauseating example of our government rewarding the very crooks and institutions who caused our economic crisis in the first place. I don’t remember “We the People” having any “say” in our newfound nationalism/socialism!!*XX**!!

    While I’m at it, on another subject, I’d like to add that part of our new government “regulatory controls” should be extended to the NYSE and other exchanges with regard to real-time media coverage. Specifically, tighter controls need to be mandated against the CNBC cheerleaders who have turned the exchanges into a media feeding frenzy. The CNBC analyst wannabees actually pride themselves and brag about their ability to move the markets during program segments.

    The media has no business on the floor of the NYSE or any other exchange for that matter. I would contend there must be some network sensoring software that’s available, similar to the “reaction meter” used by CNN during the 2008 Presidential election that could substantiate this claim with facts and data… some kind of real-time meter that could measure the impact of CNBC transcripts against the DJIA ticker.

    Paula Hood
    Seattle

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