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zigzagman

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zigzagman

Re: -blklabs- post# 662

Friday, 04/24/2009 11:15:46 AM

Friday, April 24, 2009 11:15:46 AM

Post# of 2353
The BIG Story today is the Bank Stress Tests...

I just heard on CNBC that the Fed will announce at 2pm today the "guidelines the stress tests were done under"...

So, it sounds like NO results will be announced today, just the format of the tests...Is May 4th the correct date for results to be announced?...

The guest panel member just said "what makes us believe the government will be telling us the truth when they announce the results?"...rotflmao

Here's an article I posted a while ago that deals with this issue...

The 'Stress Tests' Are Really 'Fudge Tests'...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37140141

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