Bair scrutinizes Fed's stress test results for U.S. banks

03/15/2012 | CNBC

Sheila Bair, former head of the Federal Deposit Insurance Corp., said the Federal Reserve's assessments of the nation's largest banks failed to address all risks to investors. "It's good for the market to have that information" but "analysts and investors should do their own due diligence. Our regulators are not infallible," Bair said.

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