Whether the result is critique or validation of our approach, the reaction of informed investors and analysts to our assumptions and methods would be beneficial. I have previously identified several ways we might increase the transparency of our stress tests. 2 There are doubtless additional possibilities. There are, to be sure, countervailing concerns.
In economic times more normal than those prevailing when we conducted the SCAP, market participants will not be fearing the worst and banks will not have access to government capital injections as a backstop.