To Europe From Goldman Sachs On The Stress Test Eve

“There is obviously the risk that if too many banks pass and do so with a comfortable margin, the test may be judged as too easy to have actually been informative about the strength of the banking system, and markets may not draw any new comfort or optimism from the exercise,” Goldman Sachs writes in a special report the night before EU‘s representatives will reveal – at least parts – of the results.

CEO Lloyd Blankfein. Goldman Sachs

“Instead of listening to the idiots on TV, we will instead keep a close eye out on LIBOR, Euribor and EONIA: these will present a far better picture of true state of affairs in Europe than any farce of a test ever could,” Tyler Durden at Zero Hedge comments.

Here it is, from Goldman Sachs, “On the eve of the bank stress tests

Financial Authorities See No Point In Stress Testing Norwegian Banks

All Nordic Banks Will Pass Stress Test, Nordea Says

The EU Stress Test: Working The Media

European Bank Stress Tests Are Loosing Credibility

Stress Level Rising In Europe; Some Banks Might Not Survive

EU Stress Test May Trigger Capital Injection Of EUR 85 Billion

European Banks Hunting For EUR 1,65 Trillion

German Banks With More Than 200 Billion Euro In Faul Credits

*

Enhanced by Zemanta
About these ads

5 Comments

Filed under International Econnomic Politics, National Economic Politics

5 responses to “To Europe From Goldman Sachs On The Stress Test Eve

  1. Pingback: Former Goldman Sachs Banker Become New ECB President | EconoTwist's

  2. Nice Friend!…
    just want to share.. People Just Like You Are Making A Full Time Income From Blogging To The Bank’s Free Money Making Blo, making money with your blog proof it, thanks .. :) make a money

    • econotwist

      Well, I can assure you that I’m not making much money on my blogging, yet….
      Hopefully that will change when I figure out the best concept for my site, and I get more familiar with the marketing stuff…

      Thanks for the visit!

      Best Wishes
      econotwist

  3. Nice Friend!…
    just want to share.. People Just Like You Are Making A Full Time Income From Blogging To The Bank’s Free Money Making Blo, making money with your blog proof it, thanks .. :)
    Making Over $100 Per Day not bullshit

  4. Nice Friend!…
    just want to share.. People Just Like You Are Making A Full Time Income From Blogging To The Bank’s Free Money Making Blo, making money with your blog proof it, thanks .. :)
    “Making Over $100 Per Day not bullshit”