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Old 10-14-2011, 07:43 PM   #1
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Snidely Revised EU Stress Test Would See 66 Banks Fail

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At least 66 of Europe’s biggest banks would fail a revised European Union stress test and need to raise about 220 billion euros ($302.3 billion) of capital, Credit Suisse AG analysts said.
...
http://www.bloomberg.com/news/2011-1...lysts-say.html

Good thing the ECB can tap unlimited dollars from the Fed via the open swap lines.
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Old 10-16-2011, 04:23 PM   #2
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Group of 20 governments are considering naming as many as 50 banks as systemically important to the global economy and in need of extra capital, two officials from G-20 nations said.

The list, drawn up by Financial Stability Board Chairman Mario Draghi, will be published in time for a G-20 leaders meeting in Cannes, France, on Nov. 3-4, said the officials, who declined to be identified because the discussions are private. Regulators have said the banks named will be forced to take on more capital.
...
http://www.bloomberg.com/news/2011-1...ant-banks.html

TBTF gets institutionalized.
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