BLOOMBERG Countdown March 27, 2014
A warm welcome to the program. Lets talk about stress. The Federal Reserve rejected the capital plan for banks. Jonathan ferro has details for us. Jon . Youre not stressed. I am, quite often. The fed says no. I think that is big news overnight. For citigroup. Plans to buy back shares and boost dividends. They are going to have to readdress plans. Two rounds no those tests. Think of the first one as what if . What if unemployment peaked at 11 . House prices fell 25 . Can these banks withstand a recession . St week the big guns all passed. The result is about taking into account their capital pl...
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