Elizabeth Warren: Redo Stress Tests 'Right Now'
Whether the monthly TARP report and the bank stress tests received a passing grade, with Elizabeth Warren, Congressional Oversight Panel chairman. According to Warren, the worst-case scenario for unemployment has already been surpassed and the stress tests only stretch out for two years, leaving many commercial mortgages maturing in 2011, 2012, and 2013 out of the analysis. Her recommendation is to do it all over again 'right now.'
