The fraud rolls on. No wonder the UK may lose their AAA rating:
"May 22 (Bloomberg) -- The U.K. refused to release the results of stress tests conducted on British banks, two weeks after the Federal Reserve said similar reviews showed 10 U.S. lenders needed to raise a total of $74.6 billion.
Publishing the information may increase instability and force the government to take further action to shore up the U.K. financial system, the Treasury said in response to a Freedom of Information Act request by Bloomberg News that sought the test results and criteria used to evaluate banks. U.S regulators said publishing their findings would ease concerns about lenders.
“Keeping the information under wraps will only serve to create more uncertainty in the long term,” Vince Cable, the opposition Liberal Democrats’ spokesman on treasury issues, said in an e-mailed statement. “We need a system that is as open and as transparent as that in the United States.”
Schwantz wrote: They're just not as good at full throttle systemic fraud as Americans...sounds like this might have actually been a real stress test rather than a fake one.
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Chassa wrote: Schwantz - yep, probably a real stress test - just the results that were fake.
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J0nx wrote: Sheeple don't want to hear the truth anyway. They want to be told all is well.
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Purenirvana wrote: The Gov are using the Freedom Of Information Act to keep the results from us. Trust me, if the results were anywhere near acceptable, Gordon Brown would be on T.V telling us all is fine, the fact that the results will be kept secret tells me that they are horrible.
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Widgeon wrote: Isn't this nearly a word-for-word replay of the game plan the Fed/Treas executed here in the US? First they have the test, then they aren't going to release the results, then they are, then they are combing over the results, etc. It's all a media manipulation seems to me.
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