Monday, January 26, 2009

Volatile Day for Bank Stocks

KBW Bank Index traded up as much as 4% and traded down as much as 4.4%, finally closing down 3% for the session. A bearish report on the sector (they like JPM however) by Goldman Sachs was given credit for the trade-off.

The link below will take you to the Treasury Department website for a full list off TARP allocations.

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