by David Haggith, Gold Seek:

Recently some interesting news in the banking sector. To start off with, Goldman Sachs failed its stress test last week. In addition to GS, the Fed’s Dodd-Frank stress test revealed problems in other banks as well. The Fed noted that its staff does try to work with the banks to make adjustments to the test. So, I would add, that if a bank can’t even pass the adjusted test, it must be in poor shape, should times become stressful.

Says one risk analyst who wrote about the failure in the links below:

Given the clear conflict by the Fed staff in Washington, the stress test results for GS are rather alarming. This is the test result for Goldman that the Fed assigned after the private consultations and hand-holding with Board staff?