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More than half of the 19 U.S. banks that were assessed to see if they had adequate capital failed the "stress test," the U.S. Federal Reserve reported Thursday.

The 10 banks that will need to raise money must find just under $75 billion US by the end of 2010, a figure based on an assumption that the economy will get worse, the adverse scenario.

Discuss.

Posted

I would like to redirect this conversation to the merits of using the word"discuss".

While having the desireable affect of encouraging and promoting conversation it unfortunately can also led to off topic responses and general forum shenanigans.

In reality I have nothing productive to add to this.

  • 4 weeks later...

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