Stress Tested: Has Geithner’s Bank Confidence Game Worked?

From his earliest days as Treasury Secretary, Tim Geithner’s biggest challenge has been restoring confidence in America’s fragile banks without taking the politically costly step of asking Congress for more money. To judge by the results of the government-run stress tests released Thursday afternoon, Geithner has somehow pulled it off — at least for now. Not that three months of supervisory scrutiny of the country’s top 19 banks hasn’t produced some grim news.