Short DAX at 7740

July 9 (Bloomberg) -- Deutsche Bank AG, Commerzbank AG and Deutsche Postbank AG, Germany’s biggest publicly traded banks, expect to pass European stress tests based on preliminary findings, four people briefed on the process said.

The banks will probably exceed the threshold of a 6 percent Tier 1 ratio under the stress scenario, which assumes an economic slowdown and sovereign-debt losses, said the people, who declined to be identified because the information isn’t official. The lenders are due to submit test results to regulators early next week, they said.

Spokesmen for Deutsche Bank and Commerzbank in Frankfurt and Deutsche Postbank in Bonn declined to comment.

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these stress tests have been devised in such a way that all the banks will pass them.

It's part of the con game going on in Europe.

I don't expect Europe to come clean on its current situation. Lies, lies, just damn lies.
 
Quote from Alexandre:

these stress tests have been devised in such a way that all the banks will pass them.

It's part of the con game going on in Europe.

I don't expect Europe to come clean on its current situation. Lies, lies, just damn lies.
More...

Don´t forget : government sponsored lies. Same message as mark-to-market level 3 assets in the US. Changing FASB rules was the only way out. Thereafter mark-to-myth bank stress tests and "recapitalization" of banks and woops...60 % rally.
 
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