in the results of the U.S. Bank Stress Tests?
It seems though there is plenty of debate about what to do with these massaged results so as to spin the right message to the world about how strong insolvent US financial institutions are.
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Bank Regulators Clash Over Endgame of U.S. Bank Stress Tests
By Robert Schmidt
April 18 (Bloomberg) -- The U.S. Treasury and financial regulators are clashing with each other over how to disclose results from the stress tests of 19 U.S. banks, with some officials concerned at potential damage to weaker institutions.
With a May 4 deadline approaching, there is no set plan for how much information to release, how to categorize the results or who should make the announcements, people familiar with the matter said. While the Office of the Comptroller of the Currency and other regulators want few details about the assessments to be publicized, the Treasury is pushing for broader disclosure.
Full article at
http://www.bloomberg.com/apps/news?pid=20601087&sid=aQM1Cmt7cY24&refer=home
===============
Additional comment:
As the above clearly shows for anyone who can read between the lines, it's all about manipulating the public and hiding the truth. But isn't that so typical of what is going on?
Power corrupts. Absolute power corrupts absolutely.
It sickens me.
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