This supposed “Turner Radio Network” bank stress test causing a bunch of hubbub today must be fake, according to Reuters.
Despite what the Turner Radio Network blog says about “leaked” bank stress test reports, according to Reuters, the Treasury Department hasn’t gotten these “stress tests results” about the top 19 top banks.
So the Turner Radio Network’s claim that Bank of America, Citibank, JPMorgan Chase and HSBC America`s risk was bad — and even worse it claimed for Goldman Sachs, we’ve got to assume these reports are detailed, but false until the treasury dept confirms them.
So the bank stress test from Turner Radio Network trying to cause a bank run on JPMorgan Chase, Goldman Sachs,Citibank, Wells Fargo, Sun Trust Bank, HSBC Bank USA today must be a huge hoax.
I just wonder how this “Turner Radio Network” and it’s false leaked bank stress test got so much exposure in the first place?