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Worth Reading

Don't Stress the Stress Tests - Daniel Gross wonders why we should put faith in their projections.

Stress Test Leak Tracker - Who needs how much.

How to interpret the results - Late-afternoon release from the Fed and Treasury.

"Banks Need Fewer Carrots and More Sticks" - Glenn Hubbard and friends put a new spin on the good-bank/bad-bank solution.

It's not only A.I.G. that's losing billions - The U.S. Postal Service posts a $1.9 billion Q1 loss.

-- Zubin Jelveh