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So the result of the european bank's stress test is done.91 banks testes, 7 failed (5 spanish, 1 greek and 1 german). In France, only 4 banks were tested ... (SocGen, BNP Paribas, Crédit Agricole and BCPE). So here you have an article for WSJ the test was too easy, you morons !and here a french articlewe are the best cocorico!Finance is the same as policy it seems

I realize that the politicians need to placate their constituents worries about the Anglo-Saxon wolves but couldn?t they get some airtime with a politician shouting at a fat, male, white middle-aged banker ala Maxine Walters. I am aggrieved to think that the leaders of Europe actually think that their stress tests were effective.

QuoteOriginally posted by: frenchXSo the result of the european bank's stress test is done.91 banks testes, 7 failed (5 spanish, 1 greek and 1 german). In France, only 4 banks were tested ... (SocGen, BNP Paribas, Crédit Agricole and BCPE). So here you have an article for WSJ the test was too easy, you morons !and here a french articlewe are the best cocorico!Finance is the same as policy it seems 1 greek and 5 spanish !!!!Unbelievable

Quote1 greek and 5 spanish !!!!UnbelievableNote that the test was applied to all Spanish banks, whereas other governments excluded many banks from their samples.

QuoteOriginally posted by: manolomQuote1 greek and 5 spanish !!!!UnbelievableNote that the test was applied to all Spanish banks, whereas other governments excluded many banks from their samples.Note also that the stress scenaria were not identical for all the banks in the sample, they were determined by each country's central bank. Moreover, certain banks like DB refused to fully disclose positions and results, citing "prop info"...

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