Getting your player ready...
WASHINGTON — Regulators trying to stabilize the financial system could unwittingly roil it when they explain their methods today for stress-testing the largest banks.
News reports already led analysts to start handicapping which banks could fail. The speculation will intensify.
“I’m worried about the overreaction — people selling every bank short and pulling out all their deposits and hiding their money in the mattress,” said Scott Talbott, a lobbyist with the Financial Services Roundtable, which represents the biggest financial firms. The Associated Press
