The Deal
Tuesday, November 24, 
7:16 pm

Bank Watch: Financial fallout continues

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Wall Street is still feeling the burn of Lehman Brothers Holdings Inc.'s collapse. Morgan Stanley and Goldman Sachs are now Wall Street's only independent broker-dealers, and the Street seems to be shunning their shares. Insurer AIG, which may announce a restructuring, is taking a beating. However, it has pared back its loses following New York state announcement that it will suspend funding rules that will free up $20 billion of the company's capital.  Across the country, Washington Mutual Inc. also is sinking amid rumors that more banks may go under. - Maria Woehr

Troubled Wall Street

Name Price at
open

Price at 2:00 pm

Change Mkt cap
J.P. Morgan Chase & Co. 38.39 38.72 -2.29 132.70B
Lehman Brothers Inc. 0.26 .19 -3.46 132.49M
Merrill Lynch & Co. 21.02 19.16 +2.08 29.30B
Goldman Sachs Group Inc. 142.28 135.13 -19.21 53.22B
Morgan Stanley 33.30 32.58 -4.66 36.14B
Citigroup Inc. 16.39 15.52 -2.44 84.46B
Fannie Mae 0.64 0.63 -0.12 670.24M
Freddie Mac 0.41 0.40 -0.06 259.45M
Bank of America Corp. 28.23 27.74 -6.07 125.77B
Wachovia Corp. 12.30 11.29 -2.95 24.37B
Washington Mutual Inc. 2.21 2.19 -0.54 3.75B
AIG 7.12 5.57 -6.54

14.98B

Wells Fargo & Co. 32.60 33.68 -0.64

111.41B

Source: The Deal

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