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Did the bank stress tests work? [CNN]

Monday, April 26, 2010 - 7:02 AM
One downside to last year's stress tests mentioned in this article is that banks were forced to hold more cash:
Instead of making loans or investing that money, banks currently have to hold it as they wait for regulators to determine new industry rules on capital levels.
That's one more reason banks haven't worried about keeping rates competitive to attract deposits.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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