The Flinchum File

Thoughtful Economic Analysis and Existential Opinions
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Nice Guys ?

Nice guys don’t always finish last!

So far this year, bank stocks are down about 6.4%.  Revenues are down about 10%.  J.P. Morgan was down 3%, Bank of America was down 7%, Citigroup was down 11%, and Morgan Stanley was down 21%.

Oh, yeah . . .  and Goldman Sachs was down 40%.