Stress Test Results

[TTrader]

http://www.cnbc.com/id/30626465

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Capital Needs of Big U.S. Banks (in alphabetical order)
American Express - None
Bank of America — $33.9 Billion
Bank of New York — None
BB&T — None
Capital One Financial — None
Citigroup — $5.5 Billion
Fifth Third — $1.1 billion
GMAC — $11.5 Billion
Goldman Sachs — None
JPMorgan Chase — None
KeyCorp — $1.8 billion
MetLife — None
Morgan Stanley — $1.8 Billion
PNC Financial — $0.6 Billion
Regions Financial — $2.5 billion
State Street — None
SunTrust Banks — $2.2 billion
U.S. Bancorp — None
Wells Fargo — $13.7 Billion

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The information that has come out over the last few days has worried me a little...

Does anyone else feel the numbers reported are bellow what was expected/what they should be?

[ananda77]

http://www.cnbc.com/id/30626465

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Capital Needs of Big U.S. Banks (in alphabetical order)
American Express - None
Bank of America — $33.9 Billion
Bank of New York — None
BB&T — None
Capital One Financial — None
Citigroup — $5.5 Billion
Fifth Third — $1.1 billion
GMAC — $11.5 Billion
Goldman Sachs — None
JPMorgan Chase — None
KeyCorp — $1.8 billion
MetLife — None
Morgan Stanley — $1.8 Billion
PNC Financial — $0.6 Billion
Regions Financial — $2.5 billion
State Street — None
SunTrust Banks — $2.2 billion
U.S. Bancorp — None
Wells Fargo — $13.7 Billion

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The information that has come out over the last few days has worried me a little...

Does anyone else feel the numbers reported are bellow what was expected/what they should be?

...it is important to know that the so called 'stress test' is not so much about to determine the total capital adequacy for banks, but finding out just how much capital is needed to get the ZOOMBIES through year end 2009;

...no amount of liquidity can restore the MBS securitization markets, responsible for ~ 50% of credit in these markets in the old days, as long as residential and commercial real estate prices are still crashing!!
-banks are simply not underwirting new paper- ...and unless they start, the economic meltdown will continue...

Kind Regards

[lakedaemonian]

http://www.youtube.com/watch?v=eIrT1aw2qqU