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Banks Told By Fed To Test For 12% Unemployment

Friday, November 16, 2012 - 8:57 PM
WASHINGTON (MarketWatch) — The Federal Reserve is asking 30 big banks to make sure their capital can withstand a deep recession in which the unemployment rate rises to 12%.

http://www.marketwatch.com/story/banks-told-by-fed-to-test-for-12-unemployment-2012-11-15?Link=obnetwork
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