23.06.2011 - 06:21 [ Bloomberg ]

Bernanke Says a Default by Greece Would Have a Small Impact on U.S. Banks

“We have asked the banks to essentially do stress tests and ask, looking at all their positions, all their hedges, what would the effect on their capital be if — if Greece defaulted,” Bernanke said to reporters today at a press conference after a meeting of the Federal Open Market Committee. “The answer is that the effects are very small.”