Fed Announces New Bank Stress Tests For 2013

Quick report with details from Mary Thompson.  New scenarios next year for unemployment and global economic meltdown.

Comments

[chiller]

And no mention of Europe...they just don't want to go there. How about giving our guberment a stress test. The rapid failure of this feeble group of ninnies would be highly entertaining.

[LadyLiberty]

Chiller shhh we wouldn't want word to get out that the SEC is doing nothing and Deutsche Bank lied it's azz off

Khuzami Deathwatch: SEC Ignores Tips About $12 Billion of Hidden Losses at Deutsche Bank

Read more at http://www.nakedcapitalism.com/2012/12/khuzami-deathwatch-sec-ignores-tips-about-12-billion-of-hidden-losses-at-deutsche-bank.html#plpLSRFGUgcMjRxb.99

Bombshell: Deutsche Bank Hid $12 Billion In Losses To Avoid A Government Bail-Out

http://www.zerohedge.com/news/2012-12-05/bombshell-deutsche-bank-hid-12-billion-losses-avoid-government-bail-out

The others are doing just fine hahahaha

Spain's banks see bad debts hit new high

http://www.bbc.co.uk/news/business-20391588

Spain's Mad Dash TBTF Or Bust (Literally) Scramble

http://www.zerohedge.com/news/2012-12-07/spains-mad-dash-tbtf-or-bust-literally-scramble

German bank rescue bill balloons

http://www.dw.de/german-bank-rescue-bill-balloons/a-16435116

Greece's biggest bank to take part in bond buyback

http://www.businessweek.com/ap/2012-12-07/greeces-biggest-bank-to-take-part-in-bond-buyback

Greece Economy Weakens Sharply in Third Quarter

http://www.nasdaq.com/article/greece-economy-weakens-sharply-in-third-quarter-20121207-00084#.UMIkfuQ2fIw

A migrant's tale in Greece: 18 hours chained and beaten by his boss

http://www.gmanetwork.com/news/story/285441/pinoyabroad/worldfeatures/a-migrant-s-tale-in-greece-18-hours-chained-and-beaten-by-his-boss

Greece To Indemnify Bank Boards From Buyback Losses-FinMin

http://online.wsj.com/article/BT-CO-20121207-704487.html