Chase says its stress test losses should be higher than what the Fed disclosed \ stacker news ~econ

Chase says its stress test losses should be higher than what the Fed disclosed www.cnbc.com/2024/06/27/jpmorgan-chase-fed-stress-test-results-error.html

692 sats \ 10 comments \ @siggy47 27 Jun econ

This is incredible! The test takers cheated. I don't think Jamie is admitting this out of a sense of honesty. He wants to make sure his snout is first at the trough.

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188 sats \ 2 replies \ @Undisciplined 27 Jun

Banks: cheat on stress tests Fed: "Great! Everyone passed, we don't need stimulus." Banks: "Wait! We cheated. Give us money."

31 sats \ 0 replies \ @0xbitcoiner 27 Jun

😂

42 sats \ 0 replies \ @siggy47 OP 27 Jun

Exactly!

65 sats \ 0 replies \ @IamSINGLE 28 Jun

This is amazing! Sounds like we are living in a world where nothing goes without a debate!! Should we understand it as a challenge to Fed made by Chase?

65 sats \ 0 replies \ @BitcoinAbhi 28 Jun

Fake tests and their results

54 sats \ 2 replies \ @Satosora 28 Jun

Is this the great bank stress test that everyone passed? Of course the fed skewed their numbers. If they gave you actual real data, that would be very off.

10 sats \ 1 reply \ @siggy47 OP 28 Jun

Yes it is

54 sats \ 0 replies \ @Satosora 28 Jun

I think we were just talking about this earlier. I knew something was up when ALL of them passed.

54 sats \ 0 replies \ @Coinsreporter 27 Jun

Hence proved! Banks are cheats,!

75 sats \ 0 replies \ @wingalt 20h

Everyone passed the test means there is trouble coming soon