The LA Times notes the government is in a tough spot when it comes to the stress rests--the results of which have been promised for May 4. "Releasing too much information could undermine the banks' health--the very thing that the administration is trying to avoid. Revealing too little after weeks of buildup would cast doubt on the process and create a vacuum in which investors and depositors would make their own assumptions, possibly leading to runs on the weakest banks."

It's still unknown exactly what kind of information will be released. But you can bet it is keeping treasury officials up late. The danger is that the 19 banks in question all will likely fall on a fairly wide spectrum on the sliding scale of "results." The effect no matter what, unfortunately, will be the de facto appointment of winners and losers. The initial reason for forcing big banks to take money was to make sure a stigma was not placed on certain banks, but that may no longer be avoidable. 

For more:
- here's the article

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