Sell was the word of the day. The Dow plummeted more than 500 points, and it was the worst financial day since Sept. 17, 2001, the first trading day after the 9/11 terrorist attacks, according to
CNBC. The dive was due not only to Lehman Brother Holdings Inc.'s bankruptcy announcement, but also talk of
the possible failure of insurance giant American International Group Inc. and Wilbur Ross' warning that
1,000 banks could fail.
- Maria Woehr
Troubled Wall Street
Prices at Monday close |
| Name |
Price at
open |
Price at close
|
Change |
Mkt cap |
| J.P. Morgan Chase & Co. |
38.39 |
37.00 |
-4.17 |
127.17B |
| Lehman Brothers Inc. |
0.26 |
.21 |
-3.44 |
144.69M |
| Merrill Lynch & Co. |
21.02 |
17.06 |
+0.01 |
26.08B |
| Goldman Sachs Group Inc. |
142.28 |
135.50 |
-18.71 |
53.36B |
| Morgan Stanley |
33.30 |
35.70 |
-5.04 |
35.70B |
| Citigroup Inc. |
16.39 |
15.01 |
-2.45 |
84.46B |
| Fannie Mae |
0.64 |
0.61 |
-0.13 |
652.59M |
| Freddie Mac |
0.41 |
0.39 |
-0.07 |
252.40M |
| Bank of America Corp. |
28.23 |
26.55 |
-7.19 |
121.07B |
| Wachovia Corp. |
12.30 |
10.71 |
-3.56 |
23.12B |
| Washington Mutual Inc. |
2.21 |
2.00 |
-0.73 |
3.41B |
| AIG |
7.12 |
4.76 |
-7.38 |
12.80B
|
| Wells Fargo & Co. |
32.60 |
31.00 |
-3.29 |
102.58B
|
Source: The Deal |
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