To publish the results of the bank stress tests or not is the question now facing Geithner etal. Some officials want publication, others do not. And, of course, just what would be published is apparently up in the air. Should this decision not have been taken before the tests were announced?
What these tests would be useful for is another matter. This is shaping up to be another questionable act by Timothy. Wouldn't it make more sense and be more palatable to just close down the bad banks?
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