ft.com - 5/12/2009
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The completion of US banking “stress tests” has unleashed a fee bonanza for Wall Street, with financial institutions set to earn more than $500m in just a few weeks for helping rivals raise equity to plug capital shortfalls and repay federal aid. Bankers expect a bumper period for equity ...
baselinescenario.com - 5/9/2009
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baselinescenario.com —
There was been a lot of drama over
the last week, which we have certainly contributed to,...
about the stress tests. It was all very exciting, finally seeing numbers purporting to show how healthy or unhealthy each bank was. But let’s recall what the point of this whole exercise was. ...
(more)
Stress Tests: What Was the Point Again?
ftalphaville.ft.com - 5/12/2009
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ftalphaville.ft.com —
The completion of US banking “stress tests” has
unleashed a fee bonanza for Wall Street, with financial...
institutions set to earn more than $500m within weeks as many of the 19 lenders involved in the tests tap the market to fill the capital holes ...
(more)
Stress tests unleash fee bonanza
hf-implode.com - 5/9/2009
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hf-implode.com —
not all banks will be able to earn
enough to see them through. And while no one...
knows how long our economy will remain under pressure, Ms. Tavakoli said she was certain that the stress tests’ assumptions on worst-case losses at banks were too rosy. Under the government’s so-called adverse ...
(more)
Stress Tests Are Over. The Stress Isn’t.
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Stress tests unleash fee bonanza
FT Alphaville —
The completion of US banking “stress tests” has unleashed a fee bonanza for Wall Street, with financial institutions set to earn more than $500m within weeks as many of the 19 lenders involved in the tests tap the market to fill the capital holes uncovered by regulators or repay funds from the Tarp scheme. Morgan Stanley, Wells Fargo and Bank of America raised, or announced plans to raise, nearly $30bn after Thursday’s test results. On Monday ...
Secondary Tidal Wave Continues as Insiders Unload, and Underwriters Cheer
Fund My Mutual Fund —
... know the casino doesn't win 100% of the time. Then bring out the lines of win/win/win and talk up "the ownership society" as you take ownership of his/her peasant assets behind the scenes through a multitude of corporate socialism programs. Also leave out the fact the $8000 win for the peasant in his Etrade account is a bit out of proportion with the multi billion wins for the oligarchs. FT.com: Stress Test Unleashes Fee Bonanza The completion of US banking “stress tests” ...
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