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Australian Banks Given One Week To Prepare For European "Meltdown"

According to the Australian Finance Review (link - subscription required), banks down under "have been given 1 week by regulators to stress test how they would handle a spike in joblessness, plunge in home prices spurred by EU debt crisis." Aka a European "Meltdown."

;)We are confident Tim Geithner will get right back to us asap on all of these open items. ;)
 
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