Posts Tagged ‘stress tests’

Stocks Will Drop; Banks Will Go Belly Up – Roubini

Thursday, March 26, 2009 20:38 3 Comments

The stock market will drop as major banks go belly up says Nouriel Roubini, the NYU economist that successfully predicted the current economic collapse. Below is the text from an interview Mr. Roubini gave  today on Bloomberg TV.
U.S. stocks will fall and the government will nationalize more banks as the economy contracts through the end [...]

This was posted under category: Bank Failures, Nouriel Roubini, Stock Market Tags: , , , , , , , , , , , , , ,

Bank Stress Test…NOW?

Wednesday, February 25, 2009 11:50 2 Comments

Much has been made about the so-called bank stress tests which are being conducted by the US treasury though the government has revealed little or no information on what the test might entail.
Tim Geithner has described the stress test only as “a more consistent, realistic and forward looking assessment about the risk on balance sheets,” [...]

This was posted under category: Bailout, Economy, Special Reports Tags: , , , , , , , , , , , , , , , ,
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