KRUGMAN

[lsanderson]

Op-Ed Columnist
Stressing the Positive

By PAUL KRUGMAN
Published: May 7, 2009

Hooray! The banking crisis is over! Let’s party! O.K., maybe not.

In the end, the actual release of the much-hyped bank stress tests on Thursday came as an anticlimax. Everyone knew more or less what the results would say: some big players need to raise more capital, but over all, the kids, I mean the banks, are all right. Even before the results were announced, Tim Geithner, the Treasury secretary, told us they would be “reassuring.” More