by Calculated Risk on 3/08/2011 08:39:00 PM

• From the WSJ: Europe Blinks on Bank Test

The new European Banking Authority ... has told regulators and bankers that the exams are likely to rely on each country's definition of an important capital ratio known as Tier 1 ... some skeptical bankers and regulators worry, it could undermine the effort to end the European financial crisis.

New stress tests, similar concerns.

• From the NY Times: Opposition in Libya Struggles to Form a United Front

• From the WSJ: U.S. Sees Stalemate Emerging in Libya

• From al Jazeera: Libya Live Blog - March 9

• WTI oil at $104.66 per barrel

Earlier:
• CoreLogic: 11.1 Million U.S. Properties with Negative Equity in Q4
• NFIB: Small Business Optimism Index increases in February