US To Delay Bank Test Results For Earnings-Source -- Reuters
Delay would avoid 1st quarter results period
WASHINGTON, April 7 (Reuters) - The U.S. Treasury Department is planning to delay the release of any completed bank stress test results until after the first-quarter earnings season to avoid complicating stock market reaction, a source familiar with Treasury's discussions said on Tuesday.
The Treasury is still talking about how results of the regulatory stress tests on the 19 largest U.S. banks will be released, and may disclose them as summary results that are not institution-specific, the source said.
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My Comment: They want to keep the stress test results on the banks secret. Am I the only one who sees what is wrong here. If everything was OK, these results would be leaking everywhere right now.
It is clear that the Banks are not stable.... if anything .... these "secret and confidential results" .... if public .... will show how lousy the financials are for most of the major U.S. Banks
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