IMF: realistic scenarios TO TEST THE STRENGTH OF BANKS

Penn [sylvania] Delegation (LOC) Politics
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(Title) satisfied that the scenarios used to test the strength of banks had to be realistic, the predominant strain of the International Monetary Fund, John Lipski, in an interview on Bloomberg Television .
“I’m sure the endurance test to be selected, based on realistic scenarios and will serve the purpose for which they are,” said Lipski.
She added that “it seems there are all conditions needed for a productive and constructive step “.
Just Wednesday Reuters reported that the endurance test scenario would include cutting the Greek bond at 16-17%.

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10-7-2010

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Bill Schneider, Third Way Politics
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