Blog on the Run: Reloaded

Friday, April 10, 2009 4:49 pm

Simple answers to simple questions (special zombie edition)

Q: What kind of bank can pass the feds’ “stress test” yet still need more taxpayer money?

A: Zombie banks that should be nationalized.

Q: What kind of stress test is a test that all 19 of the nation’s biggest banks can pass even though some of them obviously are in a world of hurt?

A: A zombie test.

This has been another edition of Simple Answers to Simple Questions.


1 Comment

  1. […] we knew even at the time that the stress tests were nowhere near as rigorous as they needed to be. They presumed, for one thing, a worst-case unemployment scenario in 2009 of 8.4 percent. And what […]

    Pingback by Well, if, by “national hero,” you mean “self-dealing jerkwad who got us into this mess in the first place” … and, by the way, does your mom know you’re smoking all that crack? « Blog on the Run: Reloaded — Tuesday, June 9, 2009 9:22 pm @ 9:22 pm

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