Monday, June 27, 2011

Cameron's slip...

...the "stress tests" were improper last time?

June 27 (Bloomberg) -- U.K. Prime Minister David Cameron
said a solution for Greece’s financial problems must be found
quickly and bank stress tests must be carried out properly to
reassure markets.
“We would be affected by a disorderly outcome to this
crisis,” Cameron told lawmakers in London today. “What is
important is that a solution be found quickly and is credible in
the markets.”
“Banks and bank balance sheets are strong enough,” he
said. “The current stress tests in the sector must be conducted
properly, unlike last time.”

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