US Bank Stress Test Results – Follows Pareto Law

The much awaited “stress-test” results done for the 19 largest US Banks have found that 10 of the 19 banks need a total of about $75 billion in new capital to withstand losses if the recession worsened.
Bank of America needs $33.9 bn, Wells Fargo needs $13.7 bn and GMAC needs $11.5 bn. So these 3 [...]