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Most National Banks Lose Ground

Source: http://Blog.QualityStocks.net/?p=12281
Posted on Wednesday, September 10th, 2008 | In Small & Micro Cap
Contributed by: QualityStocks (http://QualityStocks.net) -

The percieved instability of Lehman Brothers Holdings, the fourth largest investment bank in the US, has contributed to drops in share price for the majority of national banks this mid-week. These included Washington Mutual, Inc. and Wachovia Corp., falling 22 and 6 percent respectively. Financial securities remain on shaky ground, despite a healthy surge in material and energy stocks today.

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