Fast Money's Club Of Elite Banks
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Date updated:10-01-2008

Steve Liesman says he thinks the Federal Reserve is trying to create a club of elite banks.

symbol name last price % change open
  • +
  • JPM
    Jp Morgan Chase C
  • $42.22
  • -0.64%
  • $42.61

He said the club is made up of J.P. Morgan(JPM), Goldman Sachs Group(GS), Bank of America(BAC), Morgan Stanley(MS) and Citigroup(C). He said the Fed will provide liquidity to these five institutions to the end and not let them fail.

People owning JPM also tend to own: AAAIGIBMINTCJNJKOMSFT

TheStreet.com Rating: B- What is this?

  • +
  • GS
    Goldman Sachs Grp
  • $167.63
  • -1.20%
  • $171.25

He said the club is made up of J.P. Morgan(JPM), Goldman Sachs Group(GS), Bank of America(BAC), Morgan Stanley(MS) and Citigroup(C). He said the Fed will provide liquidity to these five institutions to the end and not let them fail.

People owning GS also tend to own: AOBCOGOCRYPGELGLWGRMNMDRX

TheStreet.com Rating: C What is this?

  • +
  • BAC
    Bk Of America Cp
  • $15.90
  • +0.32%
  • $16.04

He said the club is made up of J.P. Morgan(JPM), Goldman Sachs Group(GS), Bank of America(BAC), Morgan Stanley(MS) and Citigroup(C). He said the Fed will provide liquidity to these five institutions to the end and not let them fail.

People owning BAC also tend to own: AAADPAVPBRK-BBUDCSCOCX

TheStreet.com Rating: C- What is this?

  • +
  • MS
    Morgan Stanley
  • $31.52
  • -0.19%
  • $31.77

He said the club is made up of J.P. Morgan(JPM), Goldman Sachs Group(GS), Bank of America(BAC), Morgan Stanley(MS) and Citigroup(C). He said the Fed will provide liquidity to these five institutions to the end and not let them fail.

People owning MS also tend to own: AIGBACCPWRDISFWLTGS

TheStreet.com Rating: No Rating What is this?

  • +
  • C
    Citigroup Inc
  • $4.10
  • -0.24%
  • $4.15

He said the club is made up of J.P. Morgan(JPM), Goldman Sachs Group(GS), Bank of America(BAC), Morgan Stanley(MS) and Citigroup(C). He said the Fed will provide liquidity to these five institutions to the end and not let them fail.

People owning C also tend to own: ACEBACCBCOPCVXDISGS

TheStreet.com Rating: D What is this?

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