Sunday, October 5, 2008

Worth of US Companies:

Worth of US Companies:

* A I G -Then: $178.8 billion... Now: $5.46 billion. Down 96.95%.
* Bank of America -Then: $236.5 billion... Now: $123.4 billion. Down: 47.82%.
* Citigroup -Then: $236.7 billion... Now: $76.34 billion. Down 67.75%.
* Merrill Lynch - Then: $63.9 billion... Now: $30.2 billion. Down 52.74%.
* Fannie Mae - Then: $64.8 billion... Now: $0.45 billion. Down 99.3%

* Morgan Stanley - Then: $73.1 billion... Now: $41.1billion. Down 43.78%
* Wachovia - Then: $98.3 billion... Now: $19.44 billion. Down 80.22%
* JP Morgan Chase - Then: $161 billion... Now: $130.2 billion. Down 19.13%
* Capital One Financi al - Then: $29.9 billion... Now: $16.9 billion. Down 43.48%
* Washington Mutu al - Then: $31.1 billion... Now: $3.64 billion. Down 88.3%
* Lehman Bros. - Then: $34.4 billion... Now: $0.80 billion. Down 97.6%
* Goldman Sachs - Then: 97.7 billion... Now: $40.6 billion. Down 58.7%

* Wells Fargo - Then: $124.1 billion... Now: $111.25 billion. Down 10.35%
* National City - Then: $16.4 billion... Now: $2.8 billion. Down 83%
* Fifth Third Bancorp - Then: $18.8 billion... Now: $7.9 billion. Down
57.6%
* American Express - Then: $74.8 billion... Now: $37.5billion. Down 43.78%
* Wachovia - Then: $98.3 billion... Now: $19.44 billion. Down 80.22%
* Capital One Financial - Then: $29.9 billion... Now: $16.9 billion. Down
43.48%
* Freddie Mac - Then: $41.5 billion... Now: $0.16 billion. Down 58.7%

* Suntrust Banks - Then: $27 billion... Now: $16.07 billion. Down 58.7%
* BB&T - Then: $23.2 billion... Now: $18.4 billion. Down 20.69%
* Marshall & Ilsley - Then: $11.6 billion... Now: $4.48 billion. Down 61.3%
* Keycorp - Then: $13.2 billion... Now: $5.68 billion. Down 56.97%
* Legg Mason— Then: $11.4 billion...Now: $4.96 billion. Down 56.49%
* Comerica— Then: $8.3 billion...Now: $4.74 billion. Down 42.89%
* Countrywide Financi al: Then: $11.1 billion...Now: $0.00 billion. Down
100%
* Bear Stearns— Then: $14.8 billion...Now: $ 0.00 billion. Down 100%.

Together these 25 companies have lost investors a total of
$992,690,000,000 over the last 12 months... or nearly USD1 trillion...

And of course the Management congratulated themselves with bonuses of
several billions at the expense of shareholders!!

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