CBS Evening News for Friday, Apr 24, 2009
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(Studio: Anthony Mason) The "stress tests" for the nation's banks featured; details given about the criteria that simulated how the banks would fare in severe conditions and the plan for banks to sell off bad loans. [Columbia business school Frederic MISHKIN- says we’ll have some idea of the healthiest and weakest.] [Bank analyst Dick BOVE- says it’s a public relations gimmick.] [Expert Sue ALLEN- says these assets will take extreme write-downs.] Ford’s losses and the ongoing troubles for GM and Chrysler discussed.
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