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Storm from the East

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Tag: Stress Test


White House/Pete Souza

Geithner Tacitly Acknowledges Special Relationship With Citigroup

In his new book, former New York Fed chair and Treasury Secretary Timothy Geithner suggests that his relationship with Citigroup executive Robert Rubin did affect his supervision of the bank, which taxpayers ultimately bailed out with $45 billion.

Posted on May 14, 2014 READ MORE



Frederic Legrand / Shutterstock.com

Tim Geithner and the Wall Street Bailout Redux

Timothy Geithner’s new book about the financial crisis, “Stress Test,” is basically an argument that the Wall Street bailout succeeded.

Posted on May 14, 2014 READ MORE



Jon Wade (CC-BY)

Citigroup and 3 Other Banks Can’t Take the Stress

Despite hefty bailouts and infinitesimal interest rates, Citi, Ally Financial, MetLife and SunTrust were not able to pass the latest round of stress tests designed and measured by the Federal Reserve.

Posted on Mar 13, 2012 READ MORE


Left, Right & Center

‘Left, Right & Center’: Bank Stress, Afghani-Paki-stan; Gay Marriage

Alert the media—banks need money! Who’s stressed, who’s reassured by the government’s test of the banks’ capitalization? Meanwhile, Pakistan is in serious danger, and Afghanistan is hardly a model of an emerging democracy. Their leaders are in Washington; what will America’s role be?

Posted on May 8, 2009 READ MORE


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