Video Alert: Banks Aren’t That Stressed
The major banks passed their annual stress test with flying colors. These tests are given to determine solvency in case of an economic shock. But this wasn’t a surprise, since the Fed has kept dark money flowing to banks since the 2008 financial crisis. But the passing grade also gave a green light for banks to continue a practice that inflates their share prices as well as compensations. Watch Nomi’s latest interview here for more details.