This article originally was published on March 3.Don't expect to get the full picture of the banking sector's financial health from the upcoming government " stress tests." Banks earned $16.1 billion in 2008, the lowest level in 18 years, according to the Federal Deposit Insurance Corp. quarterly banking profile released Feb. 27. But that number would be much worse if it had included Wachovia, which was acquired by Wells Fargo ( WFC) on Dec. 31 and is not reflected in the results, says Chris Whelan of Institutional Risk Analytics. Somehow the fourth quarter only includes one day of operations for Wachovia and logs in only a $200,000 loss. "The FDIC seems to playing the same games with loss disclosure and stress scenarios as is the Geithner Treasury and Fed with respect to the large bank stress tests," Whelan writes in a newsletter Monday.