By Christina Rexrode
crexrode@charlotteobserver.com
Posted: Tuesday, Feb. 24, 2009
The Treasury Department has hinged a big part of its plans for the banking industry on a so-called stress test, but has revealed almost nothing about what the test might entail.
The government’s latest lifeline for major banks, announced Monday, has one main qualification: A bank has to essentially fail the stress test, which is meant to determine if it could survive a worse-than-expected decline in the economy.
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