Thursday, January 21, 2010

Winners and loosers in banking

New banking regulations are in the mix. Pres Obama has been talking about limiting the activities of banks - in essence going back to the Glass-Steagel days when banks weren't allowed to get into investment banking. As usual the market has reacted predictably - regional bank stocks are doing well and big bank stocks are doing not so well. This graph captures the two beautifully.

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