Stress Tests and The Nationalization We Got

The post was co-authored by Simon Johnson and James Kwak. When the stress tests were first announced on February 10, bank stocks went into a slide (the S&P 500 Financial Sector Index fell from 133.13 on February 9 to 96.18 two weeks later), in part on fears that the stress tests would be a prelude … Continue reading Stress Tests and The Nationalization We Got