Wednesday, Aug 04, 2010
A much more realistic stress test !
Bloomberg: China Tells Banks to Stress Test for 60% Home-Price Drop
China’s banking regulator told lenders last month to conduct a new round of stress tests to gauge the impact of residential property prices falling as much as 60 percent in the hardest-hit markets, a person with knowledge of the matter said.
Posted by ferux @ 03:34 PM (870 views) Add Comment
3 Comments
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1. Crunchy said...
Bloomberg: 'China Tells Banks to Stress Test for 60% Home-Price Drop.
Now that's what I call a stress test.
If there are no criminal charges, I'm sure there will be some cardiac arrests.
2. Charlie Brooker said...
Suddenly I'm not so sure I am happy for Kenny Huang of Hong Kong based QSL to take over Liverpool FC.
PS Uang is Indonesian for money.
Captcha : adaptor I'm
3. Rental John said...
That's some stress test....and a lot of money disappearing in to a big black hole.....