Bank of America ( BAC ) Falls 2/4/09

Bank of America ( BAC ) is falling under $5 today, making a fresh 52 week low today, February 4, 2009.

Citigroup ( C ) as well as most of the other bank stocks are trading up so this is something to watch.

President Obama is out saying he will cap executive pay to 500,000 for any company asking for tarp money.

The stock market is falling with BAC, so this is something worth watching.


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