Look At Those Banks!

I am almost starting to feel sorry for the management teams at the Too Big To Fail banks. Watching your stock fall day after day after day, no matter what the market does, has got to be difficult. The market is up around 50 points during the session, but TBTF, is falling - like usual. Citigroup C is currently down 0.76% to $37.78. Bank of America BAC has shed 0.92% to $10.72 and Wells Fargo WFC has lost 1.33% to $25.91. If you ever need to crack a smirk during the trading day (and ponder what the hell is happening to our economy) just pull up a chart of Citigroup (C) or Bank of America (BAC). Just about any time-frame will give you the gist of the story behind these two laughable institutions.