The Wall Street Journal Reports
Obama administration wants Europeans to put their banks through more rigorous public stress tests – WSJ
- US Treasury Sec Geithner is expected to discuss the issue in Italy later this week during closed-door meetings with finance ministers from the G8.
**Note: European banking and finance authorities have rejected claims that their financial institutions need to be subjected to stress tests; On May 13th, German Fin Min Steinbrueck called US bank stress tests “worthless”




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