I have read that several of the “too big to fail” banks have failed Fed Reserve stress tests.
Wonder if this is the real indicator?
My thoughts, and I confess my imagination is not being very effective here, is that one of two things are happening:
1. they are being killed because of what they know.
2. They are killing themselves because of what they know.
The common denominator is “what they know”.
I’d really like to know what they know, though It might prove fatal.