E U Regulators Not Sure How Much Stress Test Data To Reveal

[Realistbear]

EU watchdogs battling over stress test publication

Huw "Taffy" Jones and Julien Toyer, 14:52, Wednesday 7 July 2010

LONDON/BRUSSELS (

Reuters

) - European regulators were debating how much detail to reveal about health checks of the region's banks on Wednesday, in a fight that may threaten to undermine the purpose of the exercise.

The Committee of European Bank Supervisors (CEBS) was due to outline its methodology for a stress test that simulates the impact of a severe economic shock on about 100 banks in the euro zone and other countries, sources close to the process said.

And stocks have been rising on the back of this bunch of hokum?

[Deckard]

in a fight that may threaten to undermine the purpose of the exercise.

is this the understatement of the century?

[LittleSteroid]

It stinks either way you look at it