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Interesting subscriber content available for download. These are the PNC stress tests utilizing the unbiased government data sourced from the NY Fed and the FDIC, as well as other private sources. A very big difference from what was proffered through the media:

PNC SCAP Results recast using FDIC and NY Fed data - Retail PNC SCAP Results recast using FDIC and NY Fed data - Retail 2009-05-15 07:30:25 395.18 Kb

PNC SCAP Results recast using FDIC and NY Fed data - Pro PNC SCAP Results recast using FDIC and NY Fed data - Pro 2009-05-15 07:31:21 455.37 Kb

Pro and institutional subscribers, please take note of the extended schedules and exposures segregated by geography AND asset class. This is good stuff!

See Welcome to the Big Bank Bamboozle! and The Truth About the Banks Has Been Released: the open source spreadhseet edition for background on the data set used for this analysis. I will release the "real" results for WFC, STI, GS and MS next, then embark on a discovery tour of companies that are about to go bump against the massive upcoming refinance wall. 

I am also analyzing where we are now, in comparison to other bull and bear rallies in the past, in an attempt to gain the depth, breadth and direction of the next major, or multitude of minor runs and rallies.