Regulators reportedly to launch "stress test" of banks

02/23/2009 | Reuters · NYTimes.com

Financial regulators plan to provide major banks with an "extra cushion of support" if necessary, said a source familiar with the plans of the Obama administration. The regulators are expected to offer additional information about the "stress tests" to banks in the next few weeks. The administration is trying to ensure that they can withstand a deeper recession.

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Reuters · NYTimes.com

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