Part of these systems include surprise "fire drills", where auditors will appear and present adverse market conditions to a bank. The bank will then have 30 day

Part of these systems include surprise "fire drills", where auditors will appear and present adverse market conditions to a bank. The bank will then have 30 days to successfully respond to the simulation. Kind of like stress testing for banks... What we've actually seen over and over is that banks without sufficient cash reserves or proper internal and external auditing get whomped in a real crisis. Then expect taxpayers to bail them out.