The government's stress tests of the nation's largest banks were touted as an instrumental part of the plan to increase investor confidence. Days before the government is set to release the results of the stress tests to the public, officials appear to be suggesting that the tests are not that important, Andrew Ross Sorkin writes. According to the Federal Reserve's white paper, the tests are a way to help regulators "gauge the extent of additional capital needs across a wide range of potential economic outcomes."

Full Story:

Related Summaries