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It's Just A Little Quiz, Banks
Attention markets: The government has a plan to steel your spines, to help you gain confidence in banks - specifically - a "buffer of confidence" for the largest financial institutions.    Here is how a senior Treasury official, briefing reporters this afternoon, described ...
Worries Over Banks Keep Pulling Stock Markets Back
nytimes.com — White House assurances helped markets cut losses after fears that the country's largest banks could be nationalized... roiled Wall Street. (more) Worries Over Banks Keep Pulling Stock Markets Back
It’s Only, Like, Four Banks
susiemadrak.com — As Krugman points out. (more) It’s Only, Like, Four Banks
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Those Stress Tests And The Other N-Word
The Daily Dish | By Andrew Sullivan — ... Marc has a very helpful guide to what Geithner is plannig - after a conference call with Obama's peeps. Basically: stress tests will lead to a six-month period in which clearly underwater banks try to get private capital; if they fail, the government will step in: ...

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