GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Friday, October 24, 2014

ECB Stress Tests: Which Banks Will Fail

Oct. 24 (Bloomberg) -- All eyes will be on Europe this weekend as the much-anticipated results of the ECB's Asset-Quality Review and stress test are announced. This is the first stress test performed since 2011, following the sovereign-debt crisis. The hope is that results will increase transparency and bring confidence to the continent's banking sector before the ECB takes over as direct supervisor on November 4. Bloomberg's Erik Schatzker breaks down this round of tests by the numbers.

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