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The who’s who list of the stress test due tonight

by Mandy Ong on May 7, 2009

Photo by The Consumerist

Photo by The Consumerist

Bank of America   -  Judged to need roughly $34.0 Billion in additional capital
Wells Fargo  –  Judged to need roughly $15.0 Billion in additional capital
GMAC  -  Judged to need roughly $11.5 Billion in additional capital
Citigroup  -  Judged to need roughly  $5.0 Billion in additional capital
Morgan Stanley  -  May need to raise between $1 to $2 Bln in additional capital
Goldman  -  Judged not to need to raise additional capital
MetLife  -  Judged not to need to raise additional capital
JPMorgan Chase  -  Judged not to need to raise additional capital
Bank of NY Mellon  -  Judged not to need to raise additional capital
American Express  -  Judged not to need to raise additional capital

TOTAL 65.5 billion required. (And the market rallied last night on the good news that its not as much as expected?!)

Source: TheMidnightStar


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