Dealbreaker Weekend Edition: Citi Suction

Author:
Publish date:

Remember no one "fails" a stress test. You just fail to avoid needing massive cash injections. So, when the Wall Street Journal announces that Citi is going to need $10 billion, "as the government continues negotiations with banks over the results of its so-called stress tests," that is absolutely not in any way a "failure." And you shouldn't read anything into the fact that the results of the "stress tests" are negotiable. Nothing at all.
And you conspiracy theorists should see absolutely nothing at all wrong with the fact that clicking on the link on the front page of the Wall Street Journal gets you a "page not available" error.

Related