The FED performed annual stress tests on 19 banks. 4 of them failed: Citigroup, SunTrust, Ally Financial, and MetLife.
Entries Tagged as 'fail'
Citigroup, SunTrust, Ally, MetLife Fail FED Stress Tests
March 14th, 2012 · 4 Comments · all ur bankz, bandit, breaking news, fail, regulatin
Tags:lack of win
Friday the 13th: S&P Slashes Credit Ratings
January 13th, 2012 · 1 Comment · breaking news, Currencies, fail, loller euro, markets
On Friday the 13th, the S&P slashes the credit ratings of 5 European countries. Is Jason Voorhees the new head of the S&P?
Tags:lack of win
What’s a Bored Exec To Do?
December 11th, 2011 · 2 Comments · breaking news, fail
Two of Research In Motion’s execs found themselves in a dilly of a pickle recently – but not because the dog ate their BlackBerry. No, because they got a little too drunk on a flight to Beijing. You might infer they were a bit rowdy. The two were eventually charged with ‘mischief’, ordered to paid [...]
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Credit Card Companies Resort To Name-Calling
December 4th, 2011 · 8 Comments · all ur bankz, breaking news, fail
There’s an adage in marketing that you should surprise and delight your customers. I think this one qualifies as a “surprise” but not so much as a “delight”. NetSpend, a company in Austin, TX, shipped out a prepaid debit card offer to one “Asswipe Williams” in Sacramento, CA. Problem is, the dude is actually named [...]
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Daily Derp: Congress’ Vegetative State
November 19th, 2011 · 5 Comments · fail
From the “Pureeing While Rome Burns” department, we have one of those stories that looks like it came from Idiocracy, The Onion or at the very least one of those “where do you bury the survivors” trick questions – how much pureed fruit, likely infused with high-fructose corn syrup, does one have to put atop [...]
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