Fed: Detroit-based Ally Financial the only one of 18 banks tested that couldn't weather severe slump

Fed: Detroit-based Ally Financial the only one of 18 banks tested that couldn't weather severe slump | Crain's Detroit Business:
Detroit-based Ally Financial Inc., the auto lender majority-owned by U.S. taxpayers, was the only one of 18 of the country's largest banks tested that could not withstand a deep recession and maintain capital above a regulatory minimum - a sign of how higher standards and supervisory prodding are strengthening the financial system, the Federal Reserve said."