stress test

Fed Lets Goldman Sachs and Morgan Stanley Off Hook, Investors Profit Billions

July 4, 2018

Even though Goldman Sachs and Morgan Stanley failed the so-called ‘stress test,’ to determine whether these banks can weather a financial crisis, the Fed allowed them to pay billions in dividends and stock buybacks to investors. Former financial regulator Bill Black explains the consequences

Too-Big-To-Fail Advantage Remains Intact For Big Banks

March 26, 2014

PERI Economist Gerald Epstein says U.S. banks won’t be able to endure another shock to the global economy, and expect to be bailed out when the next crisis hits