Federal Reserve chairman Ben Bernanke, speaking via satellite to a bank conference sponsored by the Chicago Federal Reserve Bank, said on Thursday morning that the stress tests ‘will allow, I hope, for greater confidence in the banks.’ But even though the stress tests are over, the banks and their investors are not out of the woods.
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As Ireland Melts Down, Voter Anger Rises
The joke told around Ireland’s watercoolers and in its office canteens in January went like this: “What’s the difference between Iceland and Ireland?