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Stress Tests for Irish Banks in July

Started by trying2understand
over 15 years ago
Posts: 16
Member since: Nov 2008
Discussion about
If anyone is interested, here are the official stress test results for Irish Banks dated July 23, 2010. Needless to say, they passed with flying colors: http://centralbank.ie/frame_main.asp?pg=nws_article.asp%3FID%3D533&nv=nws_nav.asp Will someone please get fired over this?
Response by Riversider
over 15 years ago
Posts: 13573
Member since: Apr 2009

s&p just lowered Ireland's debt rating. Call me old fashioned, but shouldn't the rating indicate future risk, and not past risk?

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