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Stress tests for soundness being run on the nations biggest banks

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Play from 0:26[0:26] ..." scenarios such as a higher unemployment rate or such as -- higher vacancy rate in commercial buildings or a law occupancy rates and hotel buildings you know things said. Would indicate a further softening of the"...

Play from 1:03[1:03] ..." You correctly. Especially in the largest banks the comptroller of currency in the Federal Reserve have resident teams in the Examiner's. That are always."...

Play from 1:20[1:20] ..." that process with Robert Spence is a former. He's a former deputy comptroller of the currency and he's currently a senior fellow would be used -- in center for banking and financial law."...

Play from 1:31[1:31] ..." The banks in continually examine -- the bank's. Although Lisa Evers have a current view. I believe distressed eskolaste exhibitors. How would -- view change if certain conditions have come about."...

Play from 0:00[0:00]" The federal banking agencies will provide those Examiner's -- alternate scenarios if you will put the camera then to take. -- view of the condition of the banks need to be. This scenario they've been given."

Play from 0:14[0:14]" I would assume that this scenario that they're dealing with his. And economic situation is even worse than what we have right."

Play from 0:21[0:21]" I think by images that's what is going on I believe they've been given scenarios such as a higher unemployment rate or such as -- higher vacancy rate in commercial buildings or a law occupancy rates and hotel buildings you know things said. Would indicate a further softening of the economy and has the economy for this options what would be the likelihood. Of further deteriorating conditions in the day."

Play from 0:52[0:52]" Now when we're looking at the top twenty I would imagine that the Examiner's. How are pretty intimate knowledge of what's going on there and why -- the stress testing be necessary with these extra scenarios in place."

Play from 1:03[1:03]" You correctly. Especially in the largest banks the comptroller of currency in the Federal Reserve have resident teams in the Examiner's. That are always."

Play from 1:14[1:14]" Federal bank examiners are running so called stress tests on the nation's biggest banks to judge their soundness I talked about that process with Robert Spence is a former. He's a former deputy comptroller of the currency and he's currently a senior fellow would be used -- in center for banking and financial law."

Play from 1:31[1:31]" The banks in continually examine -- the bank's. Although Lisa Evers have a current view. I believe distressed eskolaste exhibitors. How would -- view change if certain conditions have come about."

Play from 1:46[1:46]" What do you anticipate it's going to happen on the other end of this and how soon do you think it's going to happen."

Play from 1:51[1:51]" The year for five weeks. Until lows. That testing is completed so people seem to be talking about the beginning of April even though the federal examiners during a stress test will be doing being uniformly. Across day. The result of these stress test could produce. Some different results depending on what the composition of the bank's asset portfolios of them."

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[3:08]..." plans to ensure that they comply with the best practices of responsible gamma -- and nationally and internationally. And that they'll put in oversight authority that includes individuals. And an expert in public health and feel of the game addiction. "...

[0:02]..." I'm speaking Italian Crowley who is with the Massachusetts council on compulsive gambling. And at -- you'll be at the state tells today. OK and what will you be doing. "...

[0:23]..." for their consideration. When he began to see -- gain to -- gambling legislation. "...

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