You know that because there simply is very little in common between, say, Goldman Sachs (GS) and Bank of America (BAC).

You know that because there simply is very little in common between, say, Goldman Sachs (GS) and Bank of America (BAC).

There is very little in common between Visa (V) and PNC Financial (PNC).

Let's take them one by one. First, Visa has no exposure to debt at all -- it is a pure transaction play.

Morgan Stanley and Goldman Sachs have eliminated mortgage exposure. Goldman has become a transaction bank while Morgan Stanley is now a brokerage house. They simply don't deserve to be going down at the same time.

There is nothing in common between Morgan Stanley (MS) and US Bancorp (USB). State Street (STT) is in a class by itself, unless you consider Bank of New York (BK), which has similar businesses.

There is nothing in common between Morgan Stanley (MS) and US Bancorp (USB). State Street (STT) is in a class by itself, unless you consider Bank of New York (BK), which has similar businesses.

There is nothing in common between Morgan Stanley (MS) and US Bancorp (USB). State Street (STT) is in a class by itself, unless you consider Bank of New York (BK), which has similar businesses.