Thursday, May 7, 2009

Who thought the stress tests were "unfairly tough"?

Tim Geithner talking about the bank "stress tests":
"You're going to hear criticism from both sides in this," Geithner said. "A lot of people will say these were unfairly tough. ... And there will be other people to say ... that losses could be worse. And they may be right."
People who thought Stress tests were excessively tough:
  • Bank executives
People who say that the losses could be worse:
  • Economists who predicted the current financial crisis.
And going by the laws of bipartisanship, all positions should be given equal value, regardless of merit or facts.

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