Market Talk Deutsche Post Bank Has Failed The Stress Test

Tyler Durden's picture

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Renfield's picture

How the hell does ANY bank fail a rigged test that doesn't take into account chances of default?????

Bullshit. SON o' bullshit.

I don't believe it. I think this rumour is being spread to cool the EUR and I bet it started somewhere in the vicinity of Soros.

IrrationalMan's picture

wasn't this a pass/pass stress test anyway?

Renfield's picture

Yesh. That's why it had to be floated as a rumour. Because the actual results will be gold stars and participation trophies for the whole class.

23 July is a long way away in the world of shorts.

carbonmutant's picture

I agree with Renfield, Bullshit.

unwashedmass's picture

 

clearly the europeans didn't get Timmy's drift...NO ONE FAILS. NOT A ONE. how many ways and times do we have to tell them?

Ragnarok's picture

From Bloom:


U.S. Banks Recruit Investors to Kill FASB Fair-Value Proposal

http://noir.bloomberg.com/apps/news?pid=20601087&sid=a.Jenvq3Igss&pos=6

jkruffin's picture

Thanks for posting this,  I just wrote my letter to the director, asking them to not fall prey to the lobbying and force these banks to deal with these toxic assets instead of allowing them to mark them to whatever price they want to cook their books.  Enron revisited.

Rainman's picture

Double thanks. Check out the absurdity of those fair to carry values. Hell, the proposed MTM change wouldn't even take effect until 2013 . The ABA banksters, therefore, could not survive fair valuation even that far out....!!

A force for truth is at war with the force for ongoing lies. It must be a fucked up time to be an "independent", SEC-endorsed auditor for the banksters. Imagine the stench coming off those balance sheets.

ratava's picture

was it denied yet? that way we would know it is the truth.

SheepDog-One's picture

WTF this is like failing time after time at bat at T-Ball.... Swing and another clean MISS! Cant get any more rigged and still all fail? Hmmm obviously time for another 3% melt-up rally.

BTW didnt OUR stress tests factor in 7% unemployment or something like that? Guess thats no longer relevant.

RobotTrader's picture

Must be the reason gold is getting sold and everyone is now piling back into bonds.

 

Running on Empty's picture

I've noticed that "Gold Bitchez" have been quiet lately.

Horatio Beanblower's picture

The ignominy of failing an intentionally rigged stress test must be hard for some people to bear. 

tom's picture

I bet there are quite a few Eurozone banks that will collapse if not everything improves all at once soon, which is how the EU defines "stress".

Tartarus's picture

Whatever happens the Greek banks are likely to fail the most important stress test of all, economic reality.

doomandbloom's picture

how bad should a bank be to fail a rigged stress test?

Gully Foyle's picture

I read Stress test as some hybrid bank Triathalon where participants perferm repititious tasks until they drop. I picture whole rows of people speed stamping loan applications with little timers on their desks.

Temporalist's picture

Banks in the U.S. are still failing and that is before the CRE crash which has been postponed by lenders or transfered in the Loss Share Program.

http://problembanklist.com/fdic-loss-share-guarantees-balloon-to-billion...

Some 86 banks I think have failed already in the U.S. for 2010 with the projected year end amount to be 178 up from the 130 in 2009..

 

 

jkruffin's picture

No wonder Germany didn't want stress tests released to public, rigged or not, they still fail.  Greece is just an embarrassment. Spain of course,  well, we know that is a lie.

carbonmutant's picture

The ECB can't afford a propaganda failure...

Ahmeexnal's picture

Those tests are as rigged as the world cup matches.
Still, the masses cheer for gladiator blood.
Time to give the thumbs down signal for them banks!

herry's picture

Really this is a great post from an expert and thank you very much for sharing this valuable information with us................. windows vps | cheap vps | forex vps | cheap hosting

nikejordan's picture

Canada youthful singer Justin Timberlake · niederbieber at Cheap UGG Boots
large so common these times also issued the feelings of his UGG Boots girlfriend. 16-year-old uncle admitted that he hoped than uncover a talk she on the normal schedule collectively clinging to his girlfriend, but he has his individual standards. He said, "I like funny, self-confidence, courage to create your individual girls. "He UGG Classic Cardy also disclosed that he doesn't like girls positioned on that common Ugg boots as well as a especially large sunglasses. "I really feel Ugg shoes are ugly, but really large dim eyeglasses really are a little exaggerated, I like large sunglasses, but do not like as well large bird, specifically the round. "Although the girl's gown merely a little picky, but really he doesn't have UGG Classic Boots very much time to acquire collectively with his girlfriend, and he hoped that from the age of 17 may be UGG Bailey boots busy with their individual business. "I want a next album and tour, wish I can have its individual charitable organizations. "Niederbieber also briefed the mass media revealed that his current really obsessed with over the net lookup your individual news, a collaboration with niederbieber Eenie Meenie was the song", "named Sean Kingston man mentioned this UGG Tall Boots than Bo lookup with ease," niederbieber will do that, he enjoys movement photo local community and lookup website lookup yourself. ”

guccichanel's picture

I Love gucci and chanel. Some women do not mind buying replica handbags, while some women just love designer handbags if you can distinguish between good and bed from the replica handbag?you also can use low price get high quality enjoy?today use chanel handbag ?tomorrow carry gucci handbag?the day after tomorrow hermes handbad in your hand? this niceness all give the credit to low price?same argument you also can buy replica watches?buy DVDs louis vuitton...