Beyond Stress Tests: Banks Reach Ridiculous Discounts To Book Value (JPM, BAC, C, WFC, BBT, BK, COF, FITB, GS, MS, JEF, PNC, STI)
The new proposed stress tests are just one more thorn in the side for the banking sector, but analysts from Dick Bove to Meredith Whitney, as well as value and bargain investors and…