The results of the banking industry "stress tests" have been released and the picture painted is bruised at best. Unfortunately, whatever good can be seen in the results isn't a true picture. The banking industry -- unsurprisingly -- put pressure on the government to cook the books in their favor... and the goverment did so. Don't believe the hype.
8 May 2009
Addition: More from Arianna Huffington on why the stress tests don't pass "the smell test."
Addition 2: More from The Huffington Post. This has good links to other sources.
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