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Thursday 7 March 2013

FRB: Press Release--Federal Reserve releases summary results of bank stress tests--March 7, 2013

'The nation's largest bank holding companies have continued to improve their ability to withstand an extremely adverse hypothetical economic scenario and are collectively in a much stronger capital position than before the financial crisis, according to the summary results of bank stress tests announced by the Federal Reserve on Thursday.'
So say the US Federal Reserve Why am I not feeling terribly reassured?

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