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The U.S. Federal Reserve has told Goldman Sachs Group Inc., Citigroup Inc. and other banks to keep mum on the results of “stress tests” that will gauge their ability to weather the recession, people familiar with the matter said.
The Fed wants to ensure that the report cards don’t leak during earnings conference calls scheduled for this month. Such a scenario might push stock prices lower for banks perceived as weak and interfere with the government’s plan to release the results in an orderly fashion later this month.
- Ethan Allen and...
Member Submitted News
12-minute video: US illegal and lie-started War of Aggression on Syria piles on Libya, Iraq, Afghanistan, drone targets, and 30 million similar war-killed victims since WW2. This is your America under President Trump or Clinton until YOU demand .01% arresCarl_Herman
Ethan Allen and...
UK: Muslim beats up traffic cop, breaks his foot and steals his phone…all because of getting two parking tickets in one dayalexmark
KATHLEEN WILLEY: BILL CLINTON ALLEGED SEX VICTIMS ‘COULD FILL THE ENTIRE AUDIENCE’ AT PRESIDENTIAL DEBATEnewsguy76
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