Us Lenders Pass Health Test

Daily MailMay 13, 2009

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Summary


THE chairman of the US Federal Reserve last night moved to dispel concerns that some of America's biggest banks could be swamped by losses on their toxic loans.

In a forthright defence of the bruised financial industry, Ben Bernanke declared that the nation's biggest lenders were 'solvent'.

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Us Lenders Pass Health Test

The Treasury Department has just completed a 'stress test' of...

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