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Are Fed's Banks Stress Tests Accurate?

Thu 07 Mar 13 | 06:08 PM ET
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Are Fed's Banks Stress Tests Accurate?

Thu 07 Mar 13 | 06:08 PM ET
Tony Nash, Managing Director at IHS, says the Fed's stress tests for banks are a political process. Their purpose is to paint extreme scenarios and to help people regain confidence in the banking system.
 
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