Stress Tests for the Rest and Talk of a Tainted Terror Trial
Here are our editors’ picks from today’s roundup of investigative stories around the Web. Was there a story we missed? Please keep sending us your picks or include them in the comments section below.
The Financial Times has taken up where the government left off and has run stress tests on the 7,700 banks left out of the original analysis, which focused only on the nation’s 19 largest financial institutions. The Times’ tally? Small and mid-size banks need to raise roughly $24 billion to meet the government’s standards.
Also, after two mistrials, federal prosecutors finally won a guilty verdict last week for five of the Liberty City Six, Florida men accused of conspiring with al-Qaida and plotting to blow up the Sears Tower. But the verdict was obtained only after the judge booted a juror who had been holding out, reports the Miami Herald. Prosecutors and the judge say she had been refusing to deliberate.
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