Citigroup's View of the Obama Administration in February 2009...

On 25 February 2009, Ryan O'Connell and Jerry Dorost of Citigroup's research arm wrote an "Industry Flash" about Obama Administration banking policy:

New Treasury Stress Test Guidelines Do Not Appear Onerous

Treasury's plan appears relatively bank-friendly and investor-friendly — The Treasury has released guidelines for new stress tests for the largest US banks and the terms for the banks to issue convertible preferred securities to the government to address any capital...