Horror Story

January 17, 2009 9:13am by Barry Ritholtz

Bespoke Investment Group notes that in less than two years, the market cap of the S&P financial sector has shrunk to $959 billion from nearly $3 trillion at its May 2007 peak.

Citigroup has lost in value close to 10 times its current market cap.

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Source:
Parade of the Basket Cases
ALAN ABELSON
Barrons JANUARY 17, 2009
http://online.barrons.com/article/SB123215043364592063.html

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