Thursday, January 17, 2008

The Bush economy is faltering

Bushonomics:
Merrill Lynch - $10 billion loss in Q4
Bank of NY - Q4 profit drops 68%
PNC Financial - Profits down 53%
JP Morgan - 24% decline in profits
Wells Fargo - down 38%
US Bancorp - 21% decline
Citigroup - $10 billion loss

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