Despite announcements that the Federal Bureau of Investigation was investigating Fannie Mae, Freddie Mac,
Lehman Brothers Holdings Inc. and American International Group Inc., Wall Street firms were up in afternoon trading Wednesday with Goldman Sachs Group Inc. leading the way. Goldman received a vote of confidence and a $5 billion capital infusion from Warren Buffett's Berkshire Hathaway Inc. Meanwhile, Morgan Stanley was one of the few to see a drop, which likely is due to reports that
Wachovia Corp. ended talks.
- Maria Woehr
Troubled Wall Street
Prices at 2:30 pm EDT |
| Name |
Price at
open |
Price
at 2:30pm |
Change |
Mkt cap |
| J.P. Morgan Chase & Co. |
41.50 |
41.51 |
0.98 |
142.81B |
| Lehman Brothers Inc. |
0.16 |
0.19 |
.052 |
127.47M |
| Merrill Lynch & Co. |
26.76 |
26.33 |
0.13 |
40.30B |
| Goldman Sachs Group Inc. |
128.44 |
131.87 |
6.94 |
51.95B |
| Morgan Stanley |
29.00 |
26.57 |
-1.46 |
29.43B |
| Citigroup Inc. |
20.00 |
19.08 |
-0.91 |
103.84B |
| Fannie Mae |
1.83 |
1.78 |
0.47 |
1.92B |
| Freddie Mac |
1.92 |
1.81 |
0.48 |
1.16B |
| Bank of America Corp. |
33.77 |
33.71 |
0.35 |
153.81B |
| Wachovia Corp. |
15.40 |
14.92 |
0.20 |
32.17B |
| Washington Mutual Inc. |
3.49 |
2.63 |
-0.56 |
4.47B |
| Wells Fargo & Co. |
35.10 |
34.85 |
0.73 |
115.40B |
| American International Group Inc. |
5.34 |
4.00 |
-1.00 |
10.76B |
Source: The Deal |
Continue reading below
