The Supervisory Capital Assessment Program (SCAP) – where’s the money, Lebowski?

There is a reassurance in clarity.

With the clarity today’s announcement will bring, we hope banks are going to get back to the business of banking
—Tim Geithner

The results of the stress should put to rest the harmful speculation we have seen over the past few months
—Edward L. Yingling, president of the American Bankers Association

We have to be careful not to over-interpret the results
—Doug Elliott, Brookings, following a report that they would have to raise more than $100b