Bank Test Results May Strain Limits Of Bailout Funding

The process of stress testing the 13 biggest banks in the country is under way. As the date to reveal the findings approaches, members of Congress and taxpayers alike are growing more weary. Treasury officials have stated that depending on the results of the stress tests, more money in bailout may be necessary to ensure that banks have enough reserves to balance their risk management.
These tests, although time consuming and potentially expensive, are necessary for the future of the banking industry. Without sufficient risk collateral banks could easily collapse again, plunging the market back into chaos. In the public eye, these tests are seen to be unnecessarily spending more money to the institutions that started the crisis in the first place. On the other hand, most economists agree that these tests are the best way to ensure that such a large financial fallout never happens again.