
Stressing Over the Stress Test

By Jim Cramer
About this article:
Stress test -- that's what the bank selloff was about today.
Will SunTrust meet Treasury Secretary Tim Geithner's stress test? How about BB&T (good interview yesterday). Capital One , the key credit card company in this country? Fifth Third ? Comerica ?
Are these going to be inside the fence or outside it? Are they going to survive in their current forms? Will the common stocks be worth anything?
These are the burning questions of bank holders since they heard "stress test," because, as we all know, most banks in this country are insolvent and if you decide which are winners and which are losers, many household banks are going to be in the latter camp. In fact, Geithner's stress test is code, code for what happened in 1989 when the Federal Savings and Loan Insurance Corporation stress-tested the savings and loans and closed 1,600...

Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET.
Outside the U.S. and in Canada, call 1-212-321-5200.
|
|
|

 |

If you decide to subscribe and you're not completely satisfied with TheStreet.com RealMoney, just call us within the first 30 days of your subscription and we'll refund your full annual subscription price — guaranteed.
|
|
|
|
|
If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.
Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.
If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.
TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.
© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.
|