US Banks Stress Test results leak?

Hi got this email from my broker 2 days ago. Take it with a pinch of salt cos it might be a rumor only... But anyway..if you want to bet on it, short now on the rumor and buy when the news is out.

Here is the email..

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The Turner Radio Network has obtained "stress test" results for the top 19 Banks in the USA.The stress tests were conducted to determine how well, if at all, the top 19 banks in the USA could withstand further or future economic hardship.
When the tests were completed, regulators within the Treasury and insidethe Federal Reserve began bickering with each other as to whether or not the test results should be made public. That bickering continues to this very day as evidenced by this "main stream media" report.The Turner Radio Network has obtained the stress test results. They arev ery bad. The most salient points from the stress tests appear below.

1) Of the top nineteen (19) banks in the nation, sixteen (16) are already technically insolvent.

2) Of the 16 banks that are already technically insolvent, not even one can withstand any disruption of cash flow at all or any further deterioration in non-paying loans.
3) If any two of the 16 insolvent banks go under, they will totally wipeout all remaining FDIC insurance funding.

4) Of the top 19 banks in the nation, the top five (5) largest banks areunder capitalized so dangerously, there is serious doubt about theirability to continue as ongoing businesses.

5) Five large U.S. banks have credit exposure related to their derivatives trading that exceeds their capital, with four in particular - JPMorganChase, Goldman Sachs, HSBC Bank America and Citibank - taking especiallylarge risks.

6) Bank of America`s total credit exposure to derivatives was 179 percent of its risk-based capital; Citibank`s was 278 percent; JPMorgan Chase`s, 382 percent; and HSBC America`s, 550 percent. It gets even worse: Goldman Sachs began reporting as a commercial bank, revealing an alarming total credit exposure of 1,056 percent, or more than ten times its capital!

7) Not only are there serious questions about whether or not JPMorganChase, Goldman Sachs,Citibank, Wells Fargo, Sun Trust Bank, HSBC Bank USA, can continue in business, more than 1,800 regional and smaller institutions are at risk of failure despite government bailouts!
The debt crisis is much greater than the government has reported. TheFDIC`s "Problem List" of troubled banks includes 252 institutions with assets of $159 billion. 1,816 banks and thrifts are at risk of failure, with total assets of $4.67 trillion, compared to 1,568 institutions, with $2.32 trillion in total assets in prior quarter.Put bluntly, the entire US Banking System is in complete and totalcollapse.More details as they become available. . . . . .

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