Why let banks have all the fun? Run the numbers on your own personal finances, suggests a certified financial planner in the Dallas Morning News, and see whether or not you’re prepared for disruptions like a layoff or sudden interest rate increase.
Stress Tests
![6 Major Banks Fail Initial Stress Tests](../../consumermediallc.files.wordpress.com/2012/06/bentmetal.jpg?w=158&h=122&crop=1)
6 Major Banks Fail Initial Stress Tests
By
4.29.096 of the major 19 banks failed the Treasury’s “stress tests” and need more cash as a buffer against losses, according to leaked preliminary results.