American Indian Movement spokesperson dies, age 75

Posted by: in Uncategorized
25
Jun

Wednesday, October 17, 2007

Vernon Bellecourt, once the primary spokesperson for the American Indian Movement, died recently at age 75. Bellecourt, an Ojibwa who fought for Native rights, was perhaps best known for his opposition to Native names and mascots for sports teams.

First in the headlines in 1972, Bellecourt organized a cross-country caravan of the Movement, to Washington. Once there, members of the group occupied the Bureau of Indian Affairs offices. His goal of international recognition for Aboriginal nations and their treaties found him meeting with figures like Libyan Colonel Muammar el-Qaddafi, and Palestine’s Yasir Arafat. In 1977 Leonard Peltier was convicted and sentenced to two consecutive life terms for the murder of two FBI Agents during a 1975 shoot-out on the Pine Ridge Indian Reservation; Bellecourt led the campaign to free him.

Most recently, he visited Venezuelan President Hugo Chávez, to discuss getting free or cheap heating oil for reservations.

His work as president of the National Coalition on Racism in Sports and Media made a much wider known mark, though. Bellecourt emphasized that he believed such names perpetuated racial stereotypes, clouding the real identities and problems facing natives.

Teams with native-related names could almost guarantee on Bellecourt showing up at major games. He twice burned an effigy of Chief Wahoo, the Cleveland Indians baseball team mascot, and both times was arrested. When the Washington Redskins of the National Football League made the Super Bowl, Vernon was there to protest. The United States Commission on Civil Rights was critical of such names by 2001, calling them “insensitive in light of the long history of forced assimilation”. Some newspapers have stopped using the names of teams with Native origins.

None of his “big four” targets have shown any indication of changing: the Washington Redskins, the Kansas City Chiefs, the Cleveland Indians or the Atlanta Braves.

Post-season use of American Indian mascots were banned by the National Collegiate Athletic Association in 2005, suggesting the names are “hostile or abusive”. Bellecourt was pleased with the NCAA sanctions, but suggested such actions were only going “half way”.

The Florida State Seminole and the Illinois Illini were among the 18 colleges affected by the ban. Florida president T.K. Wetherell threatened legal action in response. The Florida Seminole tribes have endorsed the University’s usage of the name, but some out-of-state tribes were “not supportive”, according to the NCAA vice president for diversity and inclusion.

Born WaBun-Inini, Bellecourt died from complications of pneumonia on October 13, in Minneapolis, Minnesota, United States.

Wikinews Shorts: April 1, 2007

Posted by: in Uncategorized
25
Jun

A compilation of brief news reports for Sunday, April 1, 2007.

Contents

  • 1 Nepal: Former rebels join government; elections set for June
  • 2 Russia bans foreigners from retail sales jobs
  • 3 Google TiSP April fools joke
  • 4 Iranian students protest outside British embassy in Tehran

Five former Maoist rebels were sworn in as ministers as part of a peace pact designed to end a decade-long insurgency that has killed more than 13,000 people in Nepal. The new government has announced assembly elections for late June, 2007. Thereafter, the new assembly is due to write a new constitution for the Himalayan nation.

Related news

  • “Nepal civil war ended by peace deal” — Wikinews, November 21, 2006

Sources


Under a new law that went into effect today, non-Russians will not be allowed to work as salespeople in shops and markets. The ban was presented by Vladimir Putin as a way of improving employment prospects for Russian citizens. Russian media warns that it will increase the labor costs for retailers and drive up inflation. The Federal Migration Service, a government agency, reported nearly full compliance in Moscow.

Sources


Today, Sunday, Google “released” their Google TiSP service. This April Fool appears on their homepage as “New! Get FREE breakthrough broadband with Google TiSP (BETA).” This directs you to a page with details of Google’s TiSP package, a package that will give you broadband after you flush a fiber-optic cable down your toilet. Google issued a press release at midnight on April 1st, 2007.

Sources

External links


Between 100 and 200 students gathered outside the British embassy in Tehran to protest the alleged incursion into Iranian waters by the Royal Navy.The protesters threw rocks, chanted “Death to Britain” and called for the expulsion of the ambassador. Police prevented the protesters from entering the compound.

Sources


Thursday, December 2, 2010

International police cooperation organization Interpol has put Julian Assange, founder of the whistle-blowers’ website Wikileaks, on its most-wanted list after a court in Sweden announced he was wanted for alleged sex crimes. Wikileaks is this week releasing more than 250,000 secret “cables” between US diplomats.

Two weeks ago, Swedish authorities ordered the arrest of Assange for suspected rape, sexual molestation and illegal use of force. Interpol, the International Criminal Police Organization, yesterday released a “Red Notice” calling for Assange’s arrest. Interpol stated that this type of notice is not an arrest warrant, but a request “to assist the national police forces in identifying or locating those persons with a view to their arrest and extradition.”

The incidents are alleged to have occurred in August of this year, several weeks after Assange released 75,000 documents detailing US military actions in Afghanistan. “The background is that he has to be heard in this investigation and we haven’t been able to get a hold of him to question him,” said Marianne Ny, director of prosecution in Sweden.

It was first reported that he was suspected of rape later in August, when he described the allegations as part of a “smear campaign” against Wikileaks. Wikinews reported at the time that he said “the charges are without basis and their issue at this moment is deeply disturbing.” A statement posted on Wikileaks’ website after the charges were announced defended Assange. “We are deeply concerned about the seriousness of these allegations. We the people behind WikiLeaks think highly of Julian and he has our full support. While Julian is focusing on his defenses and clearing his name, WikiLeaks will be continuing its regular operations.”

Assange’s lawyer, Mark Stephens, said that the allegations against him were made after the two women he is alleged to have raped found out that he was in relationships with both at the same time. “Only after the women became aware of each other’s relationships with Mr. Assange did they make their allegations against him,” Stephens said in a statement.

Stephens added that he had not “received a single written word, at any time, in any form, from Swedish authorities on the Swedish investigation against our client,” and he and Assange had only learnt about the case through reports in the media. “[This is] a clear contravention to Article 6 of the European Convention, which states that every accused must be informed promptly, in a language which he understands and in detail, of the nature and cause of the accusation against him,” he added.

Assange is currently residing in an unknown location. It has been reported he has attempted to disguise himself by cutting and dying his hair. He told Forbes magazine recently that Wikileaks has obtained documents containing evidence of corruption within a major US bank. He has reportedly been paying in cash and with friends’ credit cards.

Speaking about the release of the cables, he told ABC News: “US officials have for 50 years trotted out this line when they are afraid the public is going to see how they really behave.” It was reported on Wednesday that Ecuador, a country which critically opposes US policies, has offered Assange residency.

It is not our goal to achieve a more transparent society, it’s our goal to achieve a more just society

Along with the arrest, Assange is facing mounting pressure in the US over the leak of the cables. A retired CIA agent, Peter King, said Wikileaks should be designated a “terrorist organisation,” and called for Wikileaks and Assange to be prosecuted for the release.

On Monday evening, Hillary Clinton, US Secretary of State, condemned the publishing of the files, thought to be leaked by Bradley Manning, who served as an intelligence analyst with the US Army before being arrested.

“It is an attack on the international community, the alliances and partnerships, the conversations and negotiations, that safeguard global security and advance economic prosperity,” Clinton said. “There is nothing laudable about endangering innocent people, and there is nothing brave about sabotaging peaceful relations between nations on which our common security depends.” She added that the US “deeply regrets” the leakage of the files.

Speaking to Time magazine on the internet, Assange defended the release of the files. “It is not our goal to achieve a more transparent society, it’s our goal to achieve a more just society,” he said. He also confirmed that Wikileaks has obtained more classified material, saying:”[W]e have a lot of source material that … remains unpublished.” Assange added that it was “very important” to him that “the law is not what, not simply what, powerful people would want others to believe it is.”

Assange said in the interview with Time that all the documents had been reviewed and all names of informants had been redacted “carefully.” He said: “They are all reviewed, and they’re all redacted either by us or by the newspapers concerned.” He also said that Wikileaks “formally asked the State Department for assistance with that. That request was formally rejected.”

He was asked whether he was concerned that publishing the files could be considered civil disobedience. “Not at all. This organization [Wikileaks] practices civil obedience, that is, we are an organization that tries to make the world more civil and act against abusive organizations that are pushing it in the opposite direction,” he said. “We have now in our four-year history, and over 100 legal attacks of various kinds, been victorious in all of those matters.”

Ice, snow, and cold strike throughout Europe

Posted by: in Uncategorized
25
Jun

Wednesday, January 7, 2009

Freezing temperatures, combined with snow over the past few days, have caused travel problems throughout Europe and been responsible for the deaths of 10 people. On Monday a strong winter storm moved across Europe, covering parts of France and the United Kingdom with several inches of snow.

The storm ranged as far as Germany, Belgium, and parts of Northern Italy. It brought with it freezing, Arctic-like temperatures ranging from -5° Celsius (23° Fahrenheit) to -10°C (14°F) in the United Kingdom and France, down to -31°C (-24°F) in central Romania and what felt like -26°C (-15°F) in Germany. Forecasters predict that the freezing temperatures may be the start of a cold spell that could affect the entire continent throughout the month.

Monday’s heavy snowstorm forced Roissy-Charles de Gaulle Airport, slightly north of Paris, to cancel most of its flights. 1,658 passengers from Air France alone were stranded at the airport after their flights were grounded due to the heavy snow and icy conditions. The passengers from the 120 cancelled Air France flights spent the night in hotels near the airport which were accommodated for by the airline.

An official from Air France stated that the passengers “will have available food and hot drinks”. Most flights were grounded until the next morning. Tuesday, an official from Roissy-Charles de Gaulle said, “It did not snow last night. The runways are clear and have been de-iced. Traffic is returning to normal.”

The frigid temperatures resulted in several school closings across France and the United Kingdom, with government forecasters from both countries predicting that the cold would stay for several days. Many schools in the United Kingdom were closed because of problems with their heating systems, while heating repair services in Britain received a record number of calls this week.

In Paris, accumulating snow and slippery ice resulted in French officials closing pedestrian access to the Eiffel Tower, one of the city’s prime tourist locations.

“We can’t put down salt because it’s metallic, we can’t use sand either because it risks getting into the elevator,” stated a press official from the Eiffel Tower. The tower remained closed on Monday and re-opened on Tuesday.

The storm has caused the deaths of at least 13 people, whether directly or indirectly. Polish government officials have reported that 10 people have frozen to death following overnight temperatures of -25°C as recorded throughout the country. Police in Germany reported that a 77-year-old mentally-ill woman also froze to death after she was reported missing from a nursing home in Weimar. Romanian officials reported that frigid temperatures killed two people and sent several to the hospital. Temperatures there were reported as low as -31°C in some parts.

Wednesday, June 12, 2013

In May, periodical cicadas with 17 years life cycle emerged on the East Coast of the USA after underground development as juveniles since 1996. Researchers and scientists worked to map and study the rare wave, and the locals prepared for the noisy event. First recorded in 1666, the Magicicada septendecim species recently emerged in 1979, 1996, this year, with a next wave due in 2030.

This week, Wikinews interviewed Chris Simon, an ecology and evolutionary biologist at University of Connecticut, about the cicadas.

((Wikinews)) What caused your initial interest in periodical cicadas?

Chris Simon: As an undergraduate student, I was interested in the formation of species so when I went to graduate school I looked for a study organism that was likely to be in the process of forming new species. I chose periodical cicadas because they are broken up into reproductively isolated broods (or year classes). Reproductive isolation leads to speciation so I planned to study biochemical differences among the broods.

((WN)) You study the emergence of the periodical cicadas. What do you study? What observations are you making?

CS: We record exactly where each cicada population emerges (using GPS automated mapping and crowd sourcing). We record the presence or absence of each of the three morphologically distinct species groups of periodical cicadas (Decim group, Cassini group, and Decula group). We collect specimens for DNA analysis. We look for cicadas coming up one and four years early and late. We dig up cicada nymphs and monitor their growth rates.

((WN)) What equipment do you use?

CS: Nets, shovels, automated GPS recorders, cameras, laptop computers, automated DNA sequencers.

((WN)) Do you study the periodical cicadas with anyone else? What is their role?

CS: Yes, there are a large number of people studying periodical cicadas in my lab and in other labs. My lab is made up of Research Scientists, Postdoctoral Researchers, a technician, graduate students, and undergraduates. Research Scientist John Cooley is the leader of the GPS mapping project; he invented the automated GPS recorder; he built our crowd-sourcing website, and he is instrumental in public outreach. Postdoctoral research David Marshall also participates in the mapping project and leads the part of the research related to the mapping of stragglers. John and Dave and Technician Kathy Hill all study periodical cicada mating behavior and conduct mating and hybridization experiments. One of my graduate students Beth Wade has participated in the nymph collections and will soon start genetic work involving genome wide association mapping designed to locate genes related to life cycle. My graduate student Russ Meister is studying the genes of the bacterial endosymbionts of cicadas. My current undergraduate honors student Erin Dwyer is also studying the development of Magicicada nymphs and is helping to design a lab exercise for college students around the eastern US to do the same. Many of my past undergraduate students have studied the biochemical genetics and development of periodical cicadas. See the Simon Lab website.
CS: We are collaborating with Teiji Sota at the University Kyoto and Jin Yoshimura at Shizuoka University in Japan. They are studying the phylogeography of Magicicada. We are collaborating with John McCutcheon of the University of Montana who is studying the endosymbiont genomes.
CS: We are also collaborating with ecologists Rick Karban and Louie Yang, both professors at UC Davis who have an interest in cicada population dynamics and nutrient cycling in the ecosystem.

((WN)) You studied the periodical cicadas in 1979 and 1996 too. What changes with time?

CS: I have studied periodical cicadas since I was a student back in 1974. What changes with time is increased human development constantly shrinking the patch size of cicada populations.

((WN)) What are your thoughts on the long life span of the periodical cicadas? Why could it be so? What advantages and what disadvantages does it have?

CS: Most or all cicadas have long life cycles compared to your typical annual insect. Examples have been found of two-year to 9-year cycles in different species. Periodical cicadas evolved an even-longer life cycle and I think that part of this relates to the evolution of their synchronized life cycles and peculiar safety-in-numbers strategy for survival. To become synchronized, periodical cicadas had to evolve an exact length life cycle and all adults would have to appear in the same year. Because the nymphs grow at different rates underground, a longer life cycle and a way of counting years must have evolved so that the individuals that get to the last nymphal (underground juvenile) stage first would wait long enough for all other individuals in the population to become ready to emerge.

((WN)) News reports mention this is ‘Brood II’ of the periodical cicadas. What are the distinctive features of this specific species and what is its full scientific name?

CS: The same species exist in multiple broods. No species is restricted to Brood II. The three species present in Brood II are: Magicicada septendecim, M. cassini, and M. septendecula. These same three species are found in every 17-year brood (except the farthest north which only has M. septendecim).

((WN)) At what depth do the cicadas juveniles live underground?

CS: Most live within the top foot of soil but some have been found deeper. We do not know if they go deeper in winter. We need to do much more digging to understand the nymphs.

((WN)) How do people prepare for the cicada emergence?

CS: Of course various people prepare in different ways. Ideally, everyone prepares by studying information available on the web (especially on our websites Magicicada Central and Magicicada.org).

((WN)) Do cicadas affect transport in the local area?

CS: No, not really. Occasionally individuals can be seeing flying across highways and sometimes they smash into cars.

((WN)) Do cicadas usually stay outside or do they also invade houses too?

CS: They stay outside. One might accidentally fly in through an open window but that would be rare.

((WN)) What do the cicadas eat?

CS: Cicadas suck xylem fluid (the watery fluid coming up from the roots of plants) in deciduous forest trees and herbs. Essential amino acids in the cicada diet are supplied by their bacterial endosymbionts. There are two species of endosymbionts. One makes 8 essential amino acids and one makes two essential amino acids.

((WN)) Do cicadas damage crops or city vegetation? What damage?

CS: Cicadas do not chew leave so they do not damage crops like other insects. They can inflict some damage by their egg laying. Cicadas lay eggs in pencil-sized tree branches. If there are not enough branches available, too many female cicadas may lay eggs in a single branch weakening it and making it susceptible to breakage by wind. This can sometimes cause damage in fruit orchards. If the branches break, the eggs die so this behavior is selected against by natural selection.

((WN)) Thank you.

CS: You’re welcome. I am happy to have this opportunity to communicate with your readers!

Australian Parliament hears reply to Budget

Posted by: in Uncategorized
24
Jun

Thursday, May 11, 2006

The Australian House of Representatives heard the traditional right-of-reply to the Budget released May 9, from the Australian Labor Party, led by Kim Beazley (Labor, Brand), plus Budget replies from minor parties in the Australian Senate.

While the Budget is politically popular, having as one of its main features significant tax reform, Beazley focused on the omissions in the Budget, such as the failure to address a skills shortage.

Contents

  • 1 Opposition reply
  • 2 Minor parties
    • 2.1 Australian Democrats
  • 3 Australian Greens
  • 4 Family First
  • 5 Sources

Tuesday, October 1, 2013

A review this week by Wikinews of US Consumer Financial Protection Bureau (CFPB) complaints about student loans in the United States shows Sallie Mae leads all lending institutions in complaints. Of the 4,851 complaints dating back to March 2012 when the CFPB first began collecting student loan data, 2,262 or 46.6% of all complaints were about the lender. US Federal Reserve data from 2010/2011 shows Sallie Mae is the nation’s largest student loan lender, responsible for 25% of the market

The other major lenders in this space include Wells Fargo, JP Morgan Chase, PNC, and Discover. In complaints, AES/PHEAA came in second with 546, or 11.3% of all complaints. Wells Fargo, Citibank and JPMorgan Chase each had between 5% and 7.5% of all complaints, totaling 918 complaints between them. 78 other lending institutions round out the list of organizations with complaints filed against them for student loans.

Few of the complaints originate from people with problems with federal student loans. Less than 1%, 35 total, are for these types of loans, with Sallie Mae accounting for the bulk of complaints with 17 total. 14 other lending institutions have 3 or fewer complaints. For non-federal student loans, Sallie Mae is still the leader for complaints, with 2245 or 46.6% of all non-federal student loan complaints.

The Consumer Financial Protection Bureau sorts complaints into three issues: Problems when you are unable to pay, Repaying your loan, and Getting a loan. None of the federal loans had complaints about getting a loan. For non-federal loans, 65.5% of the 4,816 complaints related to loan repayment. Sallie Mae led in total complaints in this category with 1467. They were followed by AES/PHEAA with 356, Wells Fargo with 231, Citibank with 201, Discover with 158, JPMorgan Chase with 154, ACS Education Services with 143, and KeyBank NA with 116. CFPB says loan repayment issues include a basket of claim types including “fees, billing, deferment, forbearance, fraud, and credit reporting.” Problems when you are unable pay accounts for 30.8% of the complaints. Sallie Mae had 698 complaints. They were followed by AES/PHEAA with 181, JPMorgan Chase with 106, Wells Fargo with 104, Citibank with 70, and KeyBank NA with 58. Many of the complaints are, according to the CFPB, because borrowers have difficulty getting deferrments on loan repayment as a result of being unable to find employment.

The total complaints against Sallie Mae for September of this year is 2 fewer than the same time last year. The company’s performance this year compared to last year has been mixed. March and June numbers were down over 150 complaints from the same month a year before. April, May, July and August all saw increases of 17–43. Of the top six lenders by volume of complaints, only AES/PHEAA and Citibank saw drops every month between March and September from the total volume in the previous year. Wells Fargo had a gain of 1 in August and 6 in May from the previous year. JPMorgan Chase had a difference of 0 from the same month last year for April, 3 more this year for May, and 4 more for August. Discover saw an increase every month from the same period last year except for September. When the total complaints differences from year to year for March to September are counted, this year has 571 fewer complaints against the top six lenders.

Most, 1470, of the complaints against Sallie Mae were closed with explanations. 10.2% were closed with monetary relief. 7.7% were closed with non-monetary relief. 2.1% were closed with relief and 12.1% were closed without relief. AES/PHEAA’s complaint closure picture was much different. 40.1% of AES/PHEAA’s 546 complaints were closed with non-monetary relief, 35.3% were closed with explanations and 21.2% were closed without relief. Of the eight lending institutions with 100 or more complaints filed against them, Discover was the institution most likely to result in a closure with monetary relief with 12.9% of all their closures ending this way. Citibank was the institution with the highest percentage of closures ending with no relief at 26.0%.

Complaints over student loan lenders were geographically distributed, coming from 3,447 different zip codes. The largest cluster of complaints is for 20001, a Washington D.C. zip code with 10 complaints originating from there. 07950, the zip code for Morris Plains, New Jersey, and 37013, the zip code for Antioch, Tennessee, each had 8 complaints originating from them. Zip codes for Patchogue, New York; Philadelphia, Pennsylvania; Washington D.C.; and Arlington, Virginia each had 7 complaints originating from them. By volume of complaints by state, New York led with 497, with California second with 467, Pennsylvania third with 303, Florida fourth with 288 and Ohio fifth with 219 complaints. US Territories largely occupied the bottom spots. The Northern Marianas Islands, with a population of around 50,000, had 1 complaint. The U.S. Armed Forces – Pacific had 3. North Dakota and U.S. Armed Forces – Europe had 5 complaints each. South Dakota had 7. Wyoming had 8. Puerto Rico and Alaska had 9 each. Rounding out the bottom five states by volume of complaints, Mississippi had 11.

With the possibility of a United States government federal shutdown looming on October 1, student loans may be impacted because of potential for an automatic increase in interest rates.

Borax Flea Control

Posted by: in Performing Arts
24
Jun

Borax flea control by Mike JordnBorax flea control is a good way to help remove a flea infestation once it has started. By using a mixture of borax and water on your carpets and letting it soak, then thoroughly cleaning your carpets after it has had time to set, you can kill fleas in a reasonably short period of time.However, there are some downsides to Borax flea control that you should keep in mind. First and foremost, Borax is a toxic chemical that should be treated with respect. If you have children, you will want to be wary about how you treat your carpets with Borax. A child that likes to play on carpets, or is prone to putting their fingers in their mouth, should be kept from rooms being treated from Borax. If it is not possible to keep a child from the room, Borax should not be used.When using a Borax flea control regime, you will want to do some other things to make certain that the treatment is being as effective as possible. While Borax is very effective at the removal of fleas, it will only help control an infestation when used in conjunction with other remedies. These can be natural or artificial remedies. Common ones used with Borax include Pennyroyal, Citronella, Lemongrass, Cedar and flea foggers.For long term use, Borax flea control can be effective, but dangerous. You should be cautious about using Borax for a long period of time, as it is a chemical, and it can be harmful. If you need a long term solution, but still want to use Borax, there are several things you can do. First, you can combine your Borax treatments with Advantage, Front Line or similar products. This allows you to use your pet as a flea killer, and quicken the process of killing fleas by using Borax. The combination of these two treatments can be extremely effective at preventing fleas from being able to breed.When you use Borax flea control with pet medications, you need to make certain you vacuum your carpets frequently, as well as take care to completely remove the Borax when you are not actively treating your carpet with it. Vacuuming can help remove flea larvae, as well as keep safe levels of chemicals in the carpeting. Once you vacuum, you should make certain to dispose of the vacuum bag immediately, as larvae may still be able to hatch inside of them.The key to Borax flea control is to never miss a scheduled time to dose your carpets. Consistency is key to making certain the infestation is removed and prevented from occurring again.Pet Kings was established in 2001 as a retail shop in the UK with an aim to provide pet owners with top of the line pet flea treatment products in near-cost price. We believe that every pet out there deserves the best treatment It gets and we’re here to facilitate. Our online store now offers consumers across the country with premium products in a fraction of the price.For more details click below linkhttps://www.petkingsupply.com/Article Source: eArticlesOnline.com

[youtube]http://www.youtube.com/watch?v=n424FdZtbmI[/youtube]

Tuesday, October 10, 2006

The upcoming 2006 Brampton municipal election, to be held November 13, features an array of candidates looking to represent their wards in city council or the council of the Peel Region.

Wikinews contributor Nick Moreau contacted many of the candidates, including Derek Begley, asking them to answer common questions sent in an email. This ward’s incumbent is John Sprovieri; also challenging Sprovieri is Sherdaljit Dhillon, Mahen Gupta, Satpaul Johal, Dalbir S. Kathuria, and Vahid Saadati-Khanshir.

Saturday, May 9, 2009

The five largest United States banks need a total of US$74.6 billion in extra funds to increase their cash reserves, according to so-called “stress tests” conducted by regulators to determine whether the banks have enough capital to survive the ongoing recession.

“Our hope with today’s actions is that banks are going to be able to get back to the business of banking,” said Timothy Geithner, the US Treasury Secretary.

The results of the stress-test determined that Bank of America was the bank most at risk, needing $33.9 billion. Wells Fargo will require an additional $13.7 billion, while GMAC needs $11.5 billion.

Seven other banks failed the “stress test”, including: Citigroup, Morgan Stanley, Regions Financial, SunTrust Banks, KeyCorp, Fifth Third Bancorp, and PNC Financial Services.

Nine other banks that underwent stress tests, such as Goldman Sachs, JPMorgan Chase, Bank of New York Mellon, MetLife, American Express, State Street, BB&T, US Bancorp and Capital One Financial, were found to have enough capital in case the recession deepens.

Those banks that need extra money will be set a June 8 deadline to draw up their plans to raise the additional capital and have regulators approve them.