Economic Stress Test Results

From the New York Times: "After subjecting the nation's biggest banks to the most public scrutiny in decades, federal regulators ordered 10 of them on Thursday to raise a total of $75 billion in extra capital and gave the rest a clean bill of health."

The Federal Reserve website has details on the latest "stress test." The report, "The Supervisory Capital Assessment Program: Overview of Results," has details on the test and on which banks need further assistance.

Source: Andrews, E.L. (7 May 2009). "Ailing Banks Need $75 Billion, U.S. Says." New York Times.