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Tuesday, March 17, 2009

Bank Stocks 3/17/09 March 17, 2009 - AIG

Today, 3/17/09, the bank stocks are slightly higher after yesterdays late day sell off.

Banking Stock News Update - March 17, 2009 - Pre Market Trading


American International Group ( AIG ) - $0.86 Up 3.81% - Obama promises to fight AIG's $165M bonuses - The White House also modified the terms of a pending bailout to the company to try to recoup the money the bonuses represent. AIG has even more bonuses in the pipeline for 2009 according to (D, MD ) Elijah Cummings on a Cnbc interview this morning.

Citigroup ( C ) - $2.38 Up 2.15% - Citi was on fire yesterday hitting a high of $2.68 at one point. Citigroup's board nominates four new directors. Conflict Between What Citigroup's Pandit Reported And Earned.

Bank of America ( BAC ) - $6.19 Up 0.19% - Ex-Houston banker, son battle Bank of America

Jp Morgan ( JPM ) - $23.64 Up 2.38% - JP Morgan Hires Panandiker, Zhang For Asian Private-Equity Arm

Financial Bull 3X ( FAS ) - $4.90 Up 0.63%
Financial Bear 3x ( FAZ ) - $42.37 Down 0.62%

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