Wednesday, April 29, 2009

Six Banks Have Failed the Stress Test

April 29 (Bloomberg) -- At least six of the 19 largest U.S. banks require additional capital, according to preliminary results of government stress tests, people briefed on the matter said.

This goes along with what Mr. Engdahl said in Rense about a month ago. Mr. Engdahl gave the names of five banks that were in the most trouble. These banks included:

JP Morgan Chase, Bank of America, Citibank, Goldman Sachs and Wells Fargo

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