Fed's Bank Results 'Reassuring,' Show No Insolvency

May 7th, 2009 - Bloomberg

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Fed's Bank Results 'Reassuring,' Show No Insolvency - Bloomberg

May 7 (Bloomberg) -- Federal regulators today unveil whatTreasury Secretary Timothy Geithner said will be a“reassuring” picture of a U.S. banking system able towithstand whatever stresses the recession may inflict on it oncea handful of institutions add to their capital base.

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