{"id":12715,"date":"2009-05-09T23:00:59","date_gmt":"2009-05-09T23:00:59","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/banks_won_concessions_on_tests\/"},"modified":"2009-05-09T23:00:59","modified_gmt":"2009-05-09T23:00:59","slug":"banks_won_concessions_on_tests","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=12715","title":{"rendered":"Banks Won Concessions on Tests"},"content":{"rendered":"<p>The Federal Reserve significantly scaled back the size of the capital hole facing some of the nation&#8217;s biggest banks shortly before concluding its stress tests, following two weeks of intense bargaining.<\/p>\n<p>In addition, according to bank and government officials, the Fed used a different measurement of bank-capital levels than analysts and investors had been expecting, resulting in much smaller capital deficits.<\/p>\n<p>The overall reaction to the stress tests, announced Thursday, has been generally positive. But the haggling between the government and the banks shows the sometimes-tense nature of the negotiations that occurred before the final results were made public.<\/p>\n<p><i><a href=\"http:\/\/online.wsj.com\/article\/SB124182311010302297.html\">I remain uncomfortable with it all.  Read the whole article&#8211;KSH<\/a>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve significantly scaled back the size of the capital hole facing some of the nation&#8217;s biggest banks shortly before concluding its stress tests, following two weeks of intense bargaining. In addition, according to bank and government officials, the<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=12715\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,149,583,585,596,584,668],"tags":[],"class_list":["post-12715","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-economy","category-the-2009-obama-administration-bank-bailout-plan","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-the-u-s-government","category-treasury-secretary-timothy-geithner"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/12715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12715"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/12715\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}