Eric Talley Comments on Recent Round of Bank Stress Tests

The New York Times, DealBook, March 2, 2011 by Jesse Eisinger, ProPublica
http://nyti.ms/hxDNHH

Now the banks are reporting on their own internal capital plans based on their own asset assessment. “It could be that banks have been really assiduous about own risk portfolios,” Professor Talley said. “Or it could be that too much control over the process has been handed over to banks. It’s hard to tell.”