Fed Asks Banks to Remain Silent on ‘Stress Test’ Results
April 10, 2009 at 13:39 PM EDT
The U.S. Federal Reserve has told Goldman Sachs Group Inc., Citigroup Inc. and other banks to keep mum on the results of “stress tests” that will gauge their ability to weather the recession. The Fed wants to ensure that the report cards don’t leak during earnings conference calls scheduled for this month… “If you allow banks to [...]