Matt Levine, Columnist

Stress Tests and Meal Deliveries

Also Martin Shkreli, insurance dedicated funds, blockchains and bond market liquidity.

June 29, 2017 at 1:39 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Happy stress tests!

Yesterday the Federal Reserve released the results of its Comprehensive Capital Analysis and Review stress tests, and every bank passed, for the first time since the tests were introduced after the financial crisis. So that is a nice milestone. But the real milestone is this: