Banks prepare for the results of government "stress tests"

Friday, April 24, 2009

The day of reckoning is at hand for banks required to undergo government "stress tests." Today federal regulators will meet with the leaders of the nation's biggest banks to tell them how they did. Banks have until early next week to dispute the results, which will be released to the public on May 4. Eric Dash, who writes about banking for the New York Times, joins The Takeaway with a look at what the tests are likely to reveal and what the results will mean for the recovery of the economy.

For more, read Eric Dash's article, U.S. to Tell Big Banks the Results of Stress Test, in today's New York Times.

Guests:

Eric Dash

Hosted by:

Katherine Lanpher and Todd Zwillich

Contributors:

Nadia Zonis

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