Browsing the "James Galbraith" Tag

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Tests Are Over But American Banks Are Still Stressed

[youtube=http://www.youtube.com/v/qHc5NaaZvrc&hl=en&fs=1] Economist, James Galbraith, on bank stress tests The results of bank stress tests released this week, do not bear good news. The bottom line is that at  total of $75 billion needs to be raised from 10 major banks to prop them up for losses that could come from a deepening recession. Here is […]