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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
Bloomberg reported on April 10 that the US Treasury asked banks not to release any results of the stress tests.
April 10:
(please click to enlarge)
April 20:
Then yesterday, after supposed leaks of the results, Bloomberg reported that the US Treasury does not have the results of the stress tests.
Which one is true and which one is not, do they have results or not?
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