Eight Banks Fail EU Stress Test with 16 in Danger Zone

Jimbuna · 07-16-11, 06:45 AM

Quote:

Originally Posted by Skybird

Wordgame. The criterions by which it is being done, are the decisive thing, and these excluded really critical scenarios and factors from beginning on, by political pressure. It cannot be what should not be.

I tend to agree...it is okay to drum up a hypothetical situation and choose the benchmarking criteria to be used that I suspect is politically motivated/acceptable.

The here and now reality was not included as part of the process, namely...

Quote:

However, the tests did not consider the impact of Greece defaulting

joegrundman · 07-16-11, 07:06 AM

still not everyone agrees with the profound wisdom of subsim commenters

this article suggests the stress test has been of some value

http://blogs.channel4.com/faisal-isl...just-yet/14404

07-16-11, 11:37 AM

getting truth out of a politician is like pulling hens teeth

STEED · 07-16-11, 02:09 PM

Quote:

Originally Posted by sidslotm

getting truth out of a politician is like pulling hens teeth

Jimbuna · 07-16-11, 03:08 PM

Quote:

Originally Posted by sidslotm

getting truth out of a politician is like pulling hens teeth

Would this be the 'profound wisdom' I've read of or simply the view of someone 'profoundly wise' ?

andritsos · 07-16-11, 03:33 PM

apart this i am especiallty worried about the 2 greek banks , due to the fact that greek media told us days ago that all greek banks passed the stress test

while here its tsated that they didnt manage well . actually i remembered what greek media told tehn when navigating at aljazeera for example ( about the banks that failed) and it raised me many doubs of who to trust

. i even checked at an online version of a popular greek newspaper
( www.tanea.gr)
(http://www.aljazeera.com/news/europe...926820778.html)
i dont know how the situation will develop if we get false data
here is link : http://www.tanea.gr/oikonomia/article/?aid=4642877
EDIT: here greek writing is not recognised . well there is the first part that says that the main greek banks (ethinikh trapeza, alpha bank, eurobank, pireus bank, ATE bank etc have passed the test stress testing)
my gosh

just to say that during 2009 years greek banks actually had near half of greek dept in revenues ( i dont have a clear source for this, i will be pleased if someone here has one)

07-16-11, 07:06 AM	#2
joegrundman Ocean Warrior Join Date: May 2007 Posts: 2,689 Downloads: 34 Uploads: 0	still not everyone agrees with the profound wisdom of subsim commenters this article suggests the stress test has been of some value http://blogs.channel4.com/faisal-isl...just-yet/14404 __________________ "Enemy submarines are to be called U-Boats. The term submarine is to be reserved for Allied under water vessels. U-Boats are those dastardly villains who sink our ships, while submarines are those gallant and noble craft which sink theirs." Winston Churchill

07-16-11, 11:37 AM	#3
sidslotm Stowaway Posts: n/a Downloads: Uploads:	getting truth out of a politician is like pulling hens teeth

07-16-11, 03:33 PM	#6
andritsos Gunner Join Date: Mar 2010 Posts: 92 Downloads: 71 Uploads: 0	apart this i am especiallty worried about the 2 greek banks , due to the fact that greek media told us days ago that all greek banks passed the stress test while here its tsated that they didnt manage well . actually i remembered what greek media told tehn when navigating at aljazeera for example ( about the banks that failed) and it raised me many doubs of who to trust . i even checked at an online version of a popular greek newspaper ( www.tanea.gr) (http://www.aljazeera.com/news/europe...926820778.html) i dont know how the situation will develop if we get false data here is link : http://www.tanea.gr/oikonomia/article/?aid=4642877 EDIT: here greek writing is not recognised . well there is the first part that says that the main greek banks (ethinikh trapeza, alpha bank, eurobank, pireus bank, ATE bank etc have passed the test stress testing) my gosh just to say that during 2009 years greek banks actually had near half of greek dept in revenues ( i dont have a clear source for this, i will be pleased if someone here has one)