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!!
Showing posts with label Shareholder Value. Show all posts
Showing posts with label Shareholder Value. Show all posts
Sunday, October 5, 2008
Subscribe to:
Posts (Atom)