Comments on: A stress test shocker http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Unsympathetic http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/comment-page-1/#comment-1362 Thu, 07 May 2009 14:57:39 +0000 http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/#comment-1362 “Which will make them unwilling to cooperate”

The banks don’t want to cooperate? Excellent! It was wonderful to work with them. Shut ’em down THE NEXT DAY. Withdraw all public funding, withdraw the license to perform the function of banking within the borders of the United States.

BANKERS AND REGULATORS SHOULD BE AT ODDS, NOT DRINKING BUDDIES. Bankers at present do not respect anyone or anything. The chain needs to be yanked – hard. This economic collapse is in fact their fault, and they must be blamed for it, whether they like it or not.

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By: Argel http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/comment-page-1/#comment-1342 Wed, 06 May 2009 19:20:03 +0000 http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/#comment-1342 I’ve been reading so many blogs that say what a joke the stress tests are that it’s weird to read this blog post that takes the stress tests seriously. Could you maybe comment on the validity of the stress tests?

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By: williambanzai7 http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/comment-page-1/#comment-1335 Wed, 06 May 2009 17:00:05 +0000 http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/#comment-1335 We need to stop exploiting those poor old downtrodden banks

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By: Carlomagno http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/comment-page-1/#comment-1330 Wed, 06 May 2009 16:19:48 +0000 http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/#comment-1330 “Treasury sends in a handful of wonks”?

Um, no. They sent in a bunch of bank examiners from the Fed, OCC, etc. Probably too few, but “wonks” is definitely out of line.

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By: Ali http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/comment-page-1/#comment-1329 Wed, 06 May 2009 16:02:32 +0000 http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/#comment-1329 None professional reporting. It is not accepted to blog on Reuters a judgmental and personal opinion. In fact, this article should have associated numbers and expectations based on earning and economic findings

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By: Don http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/comment-page-1/#comment-1324 Wed, 06 May 2009 14:45:43 +0000 http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/#comment-1324 Why else would treasury do this but to be heavy handed. They are trying to build their hand so they can justify nationalizing the banks at 10 cents on the dollar. Citi will be the first to fall – as if it hasn’t already. The banks are essentially worthless with no one to lend to except themselves.

Bernanke is also a complete idiot by saying the banks need to ease up on credit so the company can get going again. Obviously no one has any money if this is the case.

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By: Sandrew http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/comment-page-1/#comment-1323 Wed, 06 May 2009 14:45:29 +0000 http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/#comment-1323 Re: Please read the entire WSJ before making comment. BAC doesn’t need to raise more capitals unless the bank wants to pay back the 45B from the Government.

Ok. Done reading. Where does it say that they don’t need to raise more capital? And BTW, your qualification is a huge one. Of course BAC wants to pay back the $45B! They will move mountains (of assets) to avoid a (complete) forced conversion.

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By: Brian King http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/comment-page-1/#comment-1322 Wed, 06 May 2009 14:45:06 +0000 http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/#comment-1322 Dear Felix Salmon (Article Author),
Please take your whiney butt back to your hole int he bank and shut up. You will not find many souls amognst the American public who are willing to trash the only player that is obviously on our side, the Fed. I never, ever thought I would say that, but its people just like you who solidify that resolve. You don’t get it still. These test results are leaked because these banks are still trying to cover up their problems. They still believe that they can survive and return back to the old ways of raping their customers and running home with the cash. You made the bed, now you have to sleep in it and I will NOT shed any tears for you.

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By: steve http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/comment-page-1/#comment-1320 Wed, 06 May 2009 14:01:31 +0000 http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/#comment-1320 anyone that puts any merit in a test of any nature completed by the federal government, is beyond hope. the government is leaking what they want to leak on this, they have their agenda set, they want to be running one of these banks, its just a matter of time before we find out which one. Big Brother is alive and well, beware.

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By: Linus Wilson http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/comment-page-1/#comment-1318 Wed, 06 May 2009 13:25:35 +0000 http://blogs.reuters.com/felix-salmon/2009/05/06/a-stress-test-shocker/#comment-1318 $34 billion is 1.5 percent of BAC’s Q1 2009 10-Q assets. I think that is a reasonable amount of new common equity for regulators to require Bank of America to raise by means of either new issues of common stock or preferred for common conversions. Mega banks with too little common equity will make poor lending decisions and put taxpayers at risk of having to bailout those institutions in the future. See my papers http://ssrn.com/abstract=1321666 and http://ssrn.com/abstract=1336288 on this topic.

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