Banking tests do nothing but stress out markets
They are called stress tests. Regulators will take a hard look at the big European lenders, such as Banco Santander SA, BNP Paribas SA and Deutsche Bank AG, then run various catastrophic scenarios past them, and check that the bank has the strength to withstand whatever storms might blow their way. Sounds like a good idea? Well, not really. In truth, there aren't any common standards, we don't know what scenarios are being tested, and we don't know if all the results are going to be published. All this is doing is sparking another round of feverish speculation. In effect, it is the stress tests themselves that are stressing out the markets. The tests probably sounded sensible when they were announced at an EU summit on June 17. The Bank of Spain said it would publish the results of its own tests before German Chancellor Angela Merkel and French President Nicolas Sarkozy followed suit, proposing assessments for all main European banks. "What's important right now is that we have maximum transparency," said Merkel, announcing the initiative. There is absolutely no sign the tests - which are due to be published later this month - have calmed investors. If anything, they are more nervous about the fragility of the European banking system than ever. Of course, it is possible to see what Merkel and Sarkozy were hoping to achieve. Right now, speculators are having a field day. All they have to do is put out the idea that a Spanish savings bank or one of the German Landesbanken has a balance sheet stuffed full of dodgy loans. Then the markets dive. Since no one really knows what bank had lent money to whom, there is space for all kinds of wild rumors to flourish. All the products are listed as following: Footwear: NikeAF1,Airmax,Shox,Adidas,Timberland,Puma,Gucci,Prada,LV,Chanel,Lacoste,Lebron,Kobe,Rift, Dunk SB, Nike Women Shoes, Nike Children Shoes, Hogan, Obama, Coogi, Bape Star, Adicolor, Ice Cream,Jordan1--Jordan24,Clear Jordan, Jordan Fusion, AJF, Jordan Flight 45,UGG Boots, Etc. Other Products: 1. Bags/Purses : Coach, Chanel, LV, DG, Burberry, Dior, Ed Hardy, Christian, Audigier(CA), Fendi, Guess, Gucci, Prada, Miumiu, Versace,Juicy, Chole, Tous, Cadillac, a,Etc. 2. Caps Hats: ED Hardy, Smet, Coogi, New Era, SF, Bape, AFF, CA, Ke, Etc. 3. T-Shirts: ED Hardy, Affliction, Christian, Audigier(CA), A&F, Lacoste, Armani, Coogi, D&G, G-Star, Evisu, Ad, Polo, Versace, Bape, Rockwear, Sinful, Smet, Gucci, Etc. 4. Hoody/Jacket/Coat: Affliction, A&F, Blac Label, Bape, BBC, Christian Audigier(CA), Coogi, Crystal Rock,CLH,10Deep,D&G,EDHardy,Ecko,Evisu,GGG,Gucci,G-Star,Juicy ,Kidrobot, Kappa, Lacoste, LRG,NY, Polo, Sinful, True Religion, Versace,Adicolor, Armani, Burberry, LV,NF, Prada, Spider, Etc. 5. Jeans&Pants: A&F, True Religion, LRG, Rock, Coogi, D&G,ED Hardy, Christan Audigier, Red Monkey, Affliction, Artful Dodger, Armani, G-Star, Seven, Dsquared, Ect. 6. Hair Straightener/Hair Iron: CHI,GHD,MK4,MK5,Black,Purple,Pink,Kiss,Pure White, Etc. 7. Sunglasses: Armani,Coach,Dior,EDHardy,Versace,LV,Rp,Fendi,Burberry,Cartier,Chanel,Dg,Gucci,Prada,Etc. About Author We are very professional supplier of selling Nike shoes such as Nike or more AirShox,AirMax,Air Jordan,Air Force 1 and so on, We offer grade A quality product only. Our products are authentic quality with original box.And all products displayed on our website are available and have stocks here. We offer very special prices to our customer (price depends on your quantity).Very fast and safety delivery by TNT, DHL OR EMS, we can delivery within 24 hours upon receiving your payment. It is very safe door to door service, never get problems with customs. If you have any questions, please feel free to contact us. We accept small orders! Thank you very much ! fail information, please kindly visit our website: www.footwearfile.com www.yannikeshoes.com www.pickfashion.com Disclaimer: Article submitters are solely responsible for the content of their articles. ArtiLib can't be held liable for the contents of the articles. Report Abuse | Browse By Category |
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