Tuesday, June 02, 2009 1:03:08 PM
U.S. banks raise capital after the stress tests
At least 10 major banks have met two preconditions for paying back U.S.
government money, or plan to soon.
These banks have sold common shares, or plan to; and have also sold non - government -
guaranteed debt. These are key conditions for paying back money borrowed under the U.S. Troubled
Asset Relief Program.
The 19 banks listed below were each tested for capital adequacy under special government
"stress tests," which account for expected losses over the next two years if the economy fails to
improve.
http://www.reuters.com/article/bondsNews/idUSN0148340720090602
At least 10 major banks have met two preconditions for paying back U.S.
government money, or plan to soon.
These banks have sold common shares, or plan to; and have also sold non - government -
guaranteed debt. These are key conditions for paying back money borrowed under the U.S. Troubled
Asset Relief Program.
The 19 banks listed below were each tested for capital adequacy under special government
"stress tests," which account for expected losses over the next two years if the economy fails to
improve.
http://www.reuters.com/article/bondsNews/idUSN0148340720090602
"The Chinese use two brush strokes to write the word 'crisis.' One brush stroke stands for
danger; the other for opportunity. In a crisis, be aware of the danger - but recognize the opportunity." -J. Kennedy
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