{"id":192219,"date":"2009-04-27T17:27:00","date_gmt":"2009-04-27T22:27:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/04\/27\/the-fix-is-in-on-the-stress-tests\/"},"modified":"2009-04-27T17:27:00","modified_gmt":"2009-04-27T22:27:00","slug":"the-fix-is-in-on-the-stress-tests","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/04\/27\/the-fix-is-in-on-the-stress-tests\/","title":{"rendered":"The Fix is In on the Stress Tests"},"content":{"rendered":"<p>It appears that the stress test results will say that <a href=\"http:\/\/www.cnbc.com\/\/id\/30406330\">only one bank will need additional capital<\/a>.<\/p>\n<p>This is bullsh@#.  The result that only one bank has issues, and they are small was pre-ordained from the start.<\/p>\n<p>Because they don&#8217;t want to say that banks are insolvent, and if they said that <span style=\"font-weight: bold;\">no<\/span> banks had issues, the fix would be obvious, so they went with only 1 bank.<\/p>\n<p>It looks like the good doctor (Roubini) agrees.  He is saying that the <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601110&amp;sid=aWJ6IlrkffOU\">stress tests are not &#8220;serious&#8221;<\/a>.<\/p>\n<p>Teck of a job, Timmy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It appears that the stress test results will say that only one bank will need additional capital. This is bullsh@#. The result that only one bank has issues, and they are small was pre-ordained from the start. Because they don&#8217;t want to say that banks are insolvent, and if they said that no banks had &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[970,1004,985],"tags":[],"class_list":["post-192219","post","type-post","status-publish","format-standard","hentry","category-corruption","category-finance","category-regulation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192219"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=192219"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192219\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=192219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=192219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=192219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}