What would make this all worth it is if we found out that when Citi and Bank of America submitted their rebuttals to the suggestion they need to raise more capital, they purposely told the government things are so much worse than anyone knows and sharing that information with the public would be deadly. The results should be put in the lock box and never let out (if none is on hand, Geithner must eat the documents). Don't think they have the pair or the brains for such a conniving scheme, unfortunately, but if you're reading boys, that was a free one.
The results, originally scheduled for publication on May 4, now may not be revealed until toward the end of next week, said the people, who declined to be identified. A new release date may be announced as soon as tomorrow, they said.
Regulators and bank executives are concerned about how the disclosure is handled because weaker institutions could suffer a collapse in their stock prices.
"Everybody understands they've got a tiger by the tail here," said Mark Tenhundfeld, a senior vice president at the American Bankers Association in Washington. "If they don't let him go gently there will be a lot of mauling going on."
Alternative theory: Bernanke, Geithner, etc were starting to get the strange feeling everyone thinks these "tests" are meaningless, and decided something had to be done to up the drama factor. To that end, tomorrow a video of T. Geith opening up the file on, I don't know, Goldman, and shitting his pants will be "leaked" onto YouTube, by user BigSwinginFedChair. Maybe then you people will start to take this thing seriously.
U.S. Stress Test Results Delayed as Early Conclusions Debated [Bloomgberg]