Stocks tumble on fresh worries about ...

Stocks tumble on fresh worries about banks

There are 4 comments on the Connecticut Post story from Jan 20, 2009, titled Stocks tumble on fresh worries about banks. In it, Connecticut Post reports that:

The dawn of the Barack Obama presidency could not shake the stock market from its dejection over the rapidly deteriorating state of the banking industry.

Join the discussion below, or Read more at Connecticut Post.

KSODA

Port Chester, NY

#1 Jan 21, 2009
A strong word of advise... Watch Webster Bank's (WBS)stock value by the hour and days, an indicator of their overall health. Their value has dropped nearly 70% from this time last year.

I'm no financial wiz kid, but looking at a stock value of the largest bank in New England at or around $6.40 and falling per share when it was once $30.00+, their health has obviously been hit hard, especially after loosing many millions from the mortgage and banking meltdown. They had a lot of risky exposure to this.
John C

AOL

#2 Jan 21, 2009
I think the American banking and financial business has just about destroyed itself through greed and deception. And, if that can't be fixed, capitalism will soon be history - at least for the next ten years - or another world war.
all about 2012

New York, NY

#3 Jan 21, 2009
John C wrote:
I think the American banking and financial business has just about destroyed itself through greed and deception. And, if that can't be fixed, capitalism will soon be history - at least for the next ten years - or another world war.
Google december 21st 2012...its is all over.....
Not Again

New York, NY

#4 Jan 21, 2009
Jim Jones, Heaven's Gate, Branch Dividian, The Church of the Lamb of God, The Family, now the 2012ers...if GOD had wanted you to know when the end was he would have told us.

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