The stock market has been doing better as compared to the same time last year, which was just a month or two after the biggest financial disaster of the decade. However, there have been some bumps along the way. If you look at something that has unfolded over just the past two or three weeks. Dubai was going bankrupt and there looked to be no one to save the country. That is, until today when Abu Dhabi surprised the country with it’s own $10 billion bailout.

With the country accepting a payment like that, it is easy to see why the stock market has kind of shot up today. Investors of the oil rich nation have had their fears calmed regarding the longevity of the emirate.

That is not the only financial news that has helped out the markets today. Citigroup has also announced this morning that it would be paying back $20 billion of bailout money that it has received from the United States government. The move will help put Citi back in control of its own company and will help out the government, which just passed a huge spending bill.

Financial news over the past two weeks has really been overshadowed by the whole “Tiger Woods” debacle. His story has completely caused a media frenzy and no one has mentioned that the Dow Jones has been over 10,000 for a while now. While there is plenty of good financial news to report on, there aren’t many news organizations that are doing so right now (that is, unless you watch cable news which has to report on several different things to fill up the time).

All the credit card companies are reporting a huge rise in delinquencies. The problem I see is that not only are there more and more defaults of credit cards, but these are the same banks that faced huge losses in the subprime mess.

Most the companies like Citigroup and Chase are going to be raising their rates before new credit card rules go into effect. There is only one company that comes to mind that says that it won’t raise its rates before the new rules go into effect and it is Bank of America.

The problem I am seeing is that with more fees and higher interest rate charges, people are not going to be able to afford their bills even more. So, it seems to me that those people who are facing problems now will almost definitely be defaulting on their high interest credit cards.

Of course, some of the credit card companies are currently telling their customers that if they want to avoid the new rate hikes then they can pay off their credit cards in a small time frame. I have read that most people are having to pay off their debt in 45 days if they want to keep their rates the same.

I just don’t see how people who have thousands of dollars of debt are able to pay off their debts in a matter of less than two months.

So, this brings us back to the issue of defaults that credit card companies will likely be facing in the near future.

Without the ability to increase rates (and mess over the customers that pay their bills on time every month) at the drop of a hat, what will the credit card companies do? How will they make up the amount of money that they will be losing on defaults?

After selling a lot of its brokerage business, Citibank has decided to regroup and change how it runs its brokerage business in the United States and across North America. The biggest change that it is going to implement is the decision to have the financial advisers that work for the company to charge a service fee for any advice that they may give. Right now, the company has a commission based service for the sale of stocks, bonds, mutual funds, etc.

Citibank issued a statement and said that it wanted to get rid of commission based compensation by 2011.

This would be out of line with the competition. Other brokerages that are the main competitors of Citibank are Morgan Stanley Smith Barney as well as Merrill Lynch Wealth Management. They still, and will continue to have commission based sales.

Citibank wants to start the shift immediately. The company has decided to assign 600 branch based brokers into teams. The branch based brokers were only the ones not included in the sale of Morgan Stanley.

The current CEO of Citigroup, Vikram Pandit, wants to be a larger competitor in the financial investments business. It is having to find new ways to do that since it had to sell off its share of Smith Barney to generate capital for the company.

While some feel that the move is good for the customers, I am not sure because there is no fee structure that was announced. Customers could find themselves paying more for services than they did in the commission based structure that the company used to have. I suppose that, when compared to the main competitors of Citibank, the fee structure could be seen as an advantage, but only if it means that the customer will be happier with the service and paying less.

It’s all about how much the customer is getting for his or her money. No one wants to pay more for a service that was once less expensive.

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A report from Bloomberg said that defaults of credit cards in the United States rose by 11.49% in August. The number is up from the 10.52% it increased from the month of July. The percentage reflects complete write offs and not delinquencies that are still being sought by the banks and lenders.

Because of the rising unemployment, there is a problem with many people being able to pay down their debts or be able to pay their debts at all. With unemployment currently hovering just under 10%, 1 in 6 Americans are out of work.

The biggest lenders in the United States, JPMorgan Chase, Bank of America, as well as Citigroup all reported an increase in defaults for the month of August.

It is now predicted that unemployment may reach 10.5% sometime in mid-2010 and at the same time there will be an increase in write offs between 12 and 13%.

As an American, I am well aware of many people of the country having a dependency on credit. For the longest time, everything that was purchased was paid for with plastic (an no, I don’t mean debit cards). Delinquencies were bound to rise at some point in time and they were going to rise by a lot. After all, with all the people defaulting on their mortgages and going into foreclosure, why would they hold on to their credit cards and try to pay them off?

Credit card companies know that this is what is happening, which is the reason for why they all want to hike their interest rates. If they didn’t hike interest rates then how would they make up their money from all of the people who are defaulting on their loans? The government won’t be bailing out these companies anymore.

The banks that were supposedly too large to fail last year when the government decided to bail out crumbling banks are now bigger than they were just a year ago. Even with measures in place to try to keep banks from getting too large, somehow these banks have gotten bigger and continue to grow.

J.P. Morgan Chase holds more than $1 out of every single $10 deposit made in the United States. Big surprise, so does Bank of America and Wells Fargo. Along with Citigroup, these banks issue half of the mortgages in the country and two out of every three credit cards.

FDIC chairman Sheila C. Bair has said regarding the weight of the banks on the financial system, “It is at the top of the list of things that need to be fixed. It fed the crisis and it has gotten worse because of the crisis.”

A few problems with these banks being bigger than they once were is that:
1) Consumers will have less choice when it comes to banking services and these banks will likely take advantage of that situation.
2) The bigger the bank, the more likely it is to think that the government will prop it up if things start to go south. This could lead to more risky moves on the banks’ parts.
3) The government’s stakes in these companies is large, but it still does not have voting shares.

Of course, this all came about due to banks failing or otherwise being “too good of a deal to pass up.” Meaning, that banks like Wachovia were simply too cheap with too large of a customer base to not purchase. That’s what Wells Fargo did, and that’s what has been happening all across the banking industry. However, it does seem a bit counter productive when you start to think about it.

These banks were once too large to fail and nothing has changed it seems. The only difference is that every dollar banks are lending is being scrutinized and those who want to borrow money to buy homes or other things are also being scrutinized as hard as the banks are in some situations.

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It appears as though the Obama administration is taking steps to make sure financial fiascos like the one we’re coming out of never happens again. It looks as though financial regulations proposed by the president could mean simpler and smaller banks and financial institutions. In the new system, small banks wouldn’t carry the weight of the financial system and if it failed, the only way it could be saved is if it could find help from another bank or investor.

I’m glad to hear that the government is taking steps to keep something like this from happening again, because we all know how popular bailouts were when the government started handing out tens of billions of dollars to failing banks (sarcasm doesn’t always come out the best over written word, but I think many of you know that’s what I was going for).

To avoid having to do that again, President Obama’s regulatory plan is calling for large financial companies to “pay a heavy price for the system-wide risk they pose.” Under the plan, large companies like Goldman Sachs, Citigroup, Bank of America, etc would face much stricter scrutiny and would be required to have more liquid assets as a buffer against a recession or another financial disaster like we have seen in the last year. Also, the banks would be required to anticipate and prepare for their own failure and would be required to draft very detailed descriptions of how to pick the company apart quickly without causing any harm to the overall financial system.

“Without banning them we’re providing some pretty heavy penalties for entering” the top group of institutions that could pose a risk to the entire financial system, said Diana Farrell, deputy director of the White House’s National Economic Council. “The regulator might say to a large institution, ‘Make sure there is very good reason to allow yourself to get that big, or that interconnected, or that complex because the penalties will wipe out any advantages, such as lower cost of capital, you might have.’”

There will be companies that have to just accept the new regulations and deal with them because to compete in the global capital market, some firms have to be large. I would guess that most would limit their size, however.

The CEO of Citigroup, Vikram Pandit, delivered a speech to end the first day of the National Summit in Detroit. The purpose of the summit is basically just a meeting of the minds, business, economic and government leaders, to develop strategies to keep America competitive in manufacturing, energy, technology and the environment. Citigroup has been under a lot of scrutiny for the way their business has been handled, irresponsible loaning and receiving so much TARP money, which has also arguably been mishandled.

In summary, Pandit told the crowd that America needs to accept the fact that tighter credit is just going to be the norm now. He says we are in a new world where borrowing will be harder, loans will be harder to get, and tighter, more expensive, credit is just going to be the case, even after the financial market has recovered. “U.S. consumption and credit creation were the two main drivers of growth. The world needs new drivers of growth — and a new business model,” Pandit told the crowd at the summit.

He said he expects loans to be more scarce and expensive. Those smaller APRs are a thing of the past in his eyes and even as recovery occurs, banks will be careful with giving out loans, almost to a fault. He also expects corporate restructuring over a number of industries. He acknowledged that Citigroup has received ample assistance from the government and praised “strong government action” for the position they are building themselves back to. He also mentioned that Citigroup has restructured its business plan, cutting costs by 25% and work force by 20% as well as lessening their dependence upon credit and consumption.

He also blamed the credit crunch on unregulated banks that he accused of being a “shadow banking system” that packaged wholesale funding into student loans, home mortgages and credit cards, a format that was responsible for over half of credit over the last five years. Pandit also blamed the “shadow banking system” for a large credit gap when that market fell apart and credit was withdrawn.

It is obvious that we are in a new age of credit with more regulations on credit cards that will cause credit issuers to implement new fees and heighten APRs and tighten up credit, at least for a time, but are we really to the point where we can no longer rely on credit? That may also backfire, because you will see less consumers worrying about their credit scores and financial institutions will lose money from lack of credit issuing. Restructure all you want, but no financial institution can rely so little on profit from borrowing that they will be able to tighten credit that much. It sounds like another one of my infamous ‘self fulfilling prophecies’, as the credit market will ‘cut off its own nose to spite its face’ and the financial institutions will forbid themselves from further growth. What do you think?

Some of the domestic banks had even received their own share of government bailout money.

Eighty percent of AIG is owned by the U.S. government and the taxpayers. It has received over $170 billion inn bailout money and was one of the firms that was “too large to fail.”

Some of the biggest recipients of the AIG money were Goldman Sachs at $12.9 billion, and three European banks — France’s Societe Generale at $11.9 billion, Germany’s Deutsche Bank at $11.8 billion, and Britain’s Barclays PLC at $8.5 billion. Merrill Lynch, which also is undergoing federal scrutiny of its bonus plans, received $6.8 billion as of Dec. 31.

The money went to banks to cover their losses on complex mortgage investments, as well as for collateral needed for other transactions.

Other banks receiving between $1 billion and $3 billion from AIG’s securities lending unit include Citigroup Inc., Switzerland’s UBS AG and Morgan Stanley.

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Today was the third straight day that the Dow ended the day up.

Bank stocks were on the way up today. Citigroup continued its rise to 4.5% for the day. Wells Fargo was up 3%, BofA 9.5%, and JPMorgan 6.6%

The economic news was mixed but investors focused on a better-than-expected report on retail sales.

Sales fell 0.1 percent in February, which was far less than less than the 0.5 percent slide economists had predicted. The government also revised January’s performance to show a 1.8 percent increase, the biggest rise in three years and stronger than the 1 percent gain that was originally reported.

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Now, John McCain thinks that it would be best for the company to go ahead and file for bankruptcy. He said, “They reorganize, they renegotiate their union-management contracts and come out of it a stronger, better, leaner and more competitive automotive industry.”

However, GM CEO Rick Warren thinks that if GM files for bankruptcy, no one will buy GM’s cars anymore and the company will have to liquidate rather than come out a “leaner and more competitive automotive” company.

John Mccain isn’t the only Republican behind the idea, Richard Shelby, the top Republican on the Senate’s banking committee thinks that not only GM and the other car makers should file for Chapter 11, but that Citigroup and other businesses should too.

However, there are also Republicans that aren’t for the bankruptcy option. House minority leader John Boehner says that Chapter 11 is not an option for GM.

Chubachi will become vice chairman.

Shares of Sony rose 1.3%. Nikko Citigroup even raised Sony’s rating from “buy/high risk” to “hold/high risk” and raised its target price from 2100 yen to 2200 yen.

Not everyone expects the shake up in management to lead to an amazing recovery for Sony, though. Even if a restructuring of the company happens quickly and soon, Sony has a long way to go before it will start bringing in the profits it used to.

JPMorgan plans to halt foreclosures until March 6th and Citigroup said it will halt foreclosures “until President Barack Obama’s administration has finalized the details of the loan modification program or March 12, whichever is earlier” according to a release from the company.

JPMorgan Chief Executive Jamie Dimon sent a letter to Representative Barney Frank, chairman of the House Financial Services Committee, to make him and the committee aware of the extension of its foreclosure freeze. The letter states that the 3 week extension on the 90 day freeze that began on October 31, 2008 is enough time for the Treasury Department to announce a new plan and JPMorgan to implement it.

Citi execs obviously got the message about their “unacceptable” purchase and released a statement saying they would not accept delivery of any jet.

Now if we could get full disclosure on all the money being dealt out by the government…I’m not asking for full press releases every time a dollar is spent, but what about a little website that says where my money is going? That’s all….

“Just in the 12 days leading up to the Nov. 24 Citigroup bailout, short selling accounted for over 49% of the total trading volume in that company’s stock. For JPMorgan Chase, it was 41%. Bank of America: 35%. Goldman Sachs: 40%. Morgan Stanley: 37%. Wachovia : 42%. Wells Fargo: 42%.”

Each of these stocks fell by as much as 72% because of the high volumes of short selling.

Mad Money: How Short-Sellers Almost Destroyed U.S. Banking

Not only is the Dow up (right now) over 300 points, but Citigroup’s stock is also trading almost 52% higher today, or almost 2 points, up from 3.77 at previous close.

That, to me, is a fairly impressive due to it being a financial company that has to be bailed out…

Not to mention, the United States auto industry having such a hard time. Democrats are expecting executives of the companies to explain why they deserve to get a bailout. It sounds more like a parent trying to get their child to explain why they should get to go to the movies on Friday night than a $25 billion loan…

The markets hit 11 year lows last week and aren’t expected to do better this week…it could be a tough Thanksgiving for some.

The news just came out and there isn’t a lot of other information available at the moment.

However, what is in the information, is that the money will come from the $700 billion bailout plan and the risky assets that the government will be guaranteeing are residential and commercial mortgage backed securities to the tune of $300 billion.

However, the executives are doing everything they can to help the company out before going so far as to attempt to sale it. It is asking the SEC to bring back a ban on short-selling. Short selling could be one of the main contributors to the current drop in stock price…after all it is a financial stock in a market that is becoming more and more hostile to financial companies’ stocks.

Citi currently holds over 200 million customer accounts. These funds in these accounts would not just disappear one day, they are FDIC insured for up to $250,000. Also, like AIG, the government feels Citi is too large to fail and would more than likely take preventative measures to keep such a large failure from happening.

I guess this means that investors don’t believe the cost-cutting measures Citi has announced in the last couple of months won’t work…or won’t bring the company back to life.

I would really hate to see Citigroup be sold to Chase (it really seems like Chase is buying a lot of failing banks) or Wells Fargo (that would be ironic).

You can read more about the recent events leading up to Citigroup’s troubles here.

Citigroup has already announced it was cutting 22,000 jobs; that announcement was made in October.

All of this news comes after Citi has gone around buying up, and attempting to buy up, failing banks.

The matter was so urgent that Justice Ramos allowed them to all meet in his Connecticut home on a Saturday afternoon, the day when all state supreme court justices should be observing collegiate football day instead of hearing about a buyout…

Another part of the unfiled lawsuit brought up by Citi is they are demanding $60 billion from Wells Fargo for interfering with the process of the purchase of Wachovia. That’s just outrageous.

Citi stands to gain a lot from the purchase of Wachovia, they would be able to sell off the bad loan debt to the government and the bailout package.

Greedy Citi, Greedy…

So CitiGroup was unhappy and Citi along with federal regulators pushed the Citi buyout to go through. However, unless some legal action is put into place, Wachovia’s stockholders and regulators will ultimately decide the fate of the company.

I think Citigroup should either offer more money for Wachovia (which they don’t have) or let it go to Wells Fargo without too much complaining. Wachovia and it’s stockholders need the money, and I think they should take the deal with Wells Fargo and let CitiGroup off easy.

I have a hard time understanding who is in charge of spending the money in some of these corporations. I have still seen WaMu commercials on TV. WooHoo? Maybe not…even when you go on the banking website for Washington Mutual it says “Welcome to JPMorgan Chase”

Sometimes it doesn’t seem like these banks have gone under at all.

With the news on Friday, financial stocks rallied.

Here’s the list (If you’re particularly worried about a couple of stocks, try CTRL+F feature):

AAME….. ATLANTIC AMERICAN CORP

AANB….. ABIGAIL ADAMS NATL BANCORP INC

ABBC….. ABINGTON BANCORP INC PA

ABCB….. AMERIS BANCORP

ABCW…. ANCHOR BANCORP WISCONSIN INC

ABK……. AMBAC FINANCIAL GROUP INC

ABNJ….. AMERICAN BANCORP OF NJ INC

ABVA…. ALLIANCE BANKSHARES CORP

ACAP…. AMERICAN PHYSICIANS CAPITAL INC

ACBA…. AMERICAN COMMUNITY BNCSHRS INC

ACE…… ACE LTD

ACFC…. ATLANTIC COAST FED CORP

ACGL…. ARCH CAPITAL GROUP LTD NEW

ADVNA.. ADVANTA CORP

ADVNB.. ADVANTA CORP

AEG…… AEGON N V

AEL……. AMERICAN EQUITY INVT LIFE HLDG C

AET……. AETNA INC NEW

AF……… ASTORIA FINANCIAL CORP

AFFM….. AFFIRMATIVE INSURANCE HLDGS INC

AFG……. AMERICAN FINANCIAL GROUP INC NEW

AFL……. A F L A C INC

AGII…… ARGO GROUP INTL HLDGS LTD

AGO……. ASSURED GUARANTY LTD

AGP…….. AMERIGROUP CORP

AGX……. ARGAN INC

AHD……. ATLAS PIPELINE HOLDINGS L P

AHL……. ASPEN INSURANCE HOLDINGS LTD

AIB…….. ALLIED IRISH BANKS PLC

AIG…….. AMERICAN INTERNATIONAL GROUP INC

AINV…… APOLLO INVESTMENT CORP

AIZ…….. ASSURANT INC

ALL…….. ALLSTATE CORP

ALLB…… ALLIANCE BANCORP INC PA

ALNC…… ALLIANCE FINANCIAL CORP NY

AMCP….. AMCOMP INC NEW

AMFI…… AMCORE FINANCIAL INC

AMG……. AFFILIATED MANAGERS GROUP INC

AMIC…… AMERICAN INDEPENDENCE CORP

AMNB….. AMERICAN NATIONAL BANKSHARES INC

AMP ……. AMERIPRISE FINANCIAL INC

AMPH…. AMERICAN PHYSICIANS SVC GROUP

AMRB…. AMERICAN RIVER BANKSHARES

AMSF…. AMERISAFE INC

AMTD…. T D AMERITRADE HOLDING CORP

ANAT…. AMERICAN NATIONAL INS CO

ANNB…. ANNAPOLIS BANCORP INC

AOC…… AON CORP

APAB….. APPALACHIAN BANCSHARES INC

AROW…. ARROW FINANCIAL CORP

ASBI….. AMERIANA BANCORP

ASFI….. ASTA FUNDING INC

ASFN…. ATLANTIC SOUTHERN FINL GROUP INC

ASRV…. AMERISERV FINANCIAL INC

ATBC…. ATLANTIC BANCGROUP INC

ATLO…. AMES NATL CORP

AUBN…. AUBURN NATIONAL BANCORP

AWBC… AMERICAN WEST BANCORPORATION

AWH…. ALLIED WORLD ASSUR CO HLDGS LTD

AXA ….A X A UAP

AXG…. ATLAS ACQUISITION HOLDINGS CORP

AXS…. AXIS CAPITAL HOLDINGS LTD

BAC…. BANK OF AMERICA CORP

BANF…. BANCFIRST CORP

BANR…. BANNER CORP

BARI…. BANCORP RHODE ISLAND INC

BAYN…. BAY NATIONAL CORP

BBNK…. BRIDGE CAPITAL HOLDINGS

BBT…. B B & T CORP

BBX…. BANKATLANTIC BANCORP INC

BCA…. CORPBANCA

BCAR…. BANK OF THE CAROLINAS CORP

BCBP…. B C B BANCORP INC

BCP…. BROOKE CAPITAL CORP

BCS…. BARCLAYS PLC

BCSB…. B C S B BANCORP INC

BDGE…. BRIDGE BANCORP INC

BEN…. FRANKLIN RESOURCES INC

BERK…. BERKSHIRE BANCORP INC DEL

BFF…. B F C FINANCIAL CORP

BFIN…. BANKFINACIAL CORP

BFNB…. BEACH FIRST NATL BANCSHARES INC

BHB…. BAR HARBOR BANKSHARES

BHBC…. BEVERLY HILLS BANCORP INC

BHLB…. BERKSHIRE HILLS BANCORP INC

BK…. BANK OF NEW YORK MELLON CORP

BKBK…. BRITTON & KOONTZ CAPITAL CORP

BKMU…. BANK MUTUAL CORP NEW

BKOR…. OAK RIDGE FINANCIAL SERVICES INC

BKSC…. BANK SOUTH CAROLINA CORP

BKUNA…. BANKUNITED FINANCIAL CORP

BLX…. BANCO LATINOAMERICANO DE EXP SA

BMRC…. BANK OF MARIN BANCORP

BMTC…. BRYN MAWR BANK CORP

BNCL…. BENEFICIAL MUTUAL BANCORP INC

BNCN…. B N C BANCORP

BNS…. BANK OF NOVA SCOTIA

BNV…. BEVERLY NATIONAL CORP

BOCH…. BANK OF COMMERCE HOLDINGS

BOFI…. B OF I HOLDING INC

BOFL…. BANK OF FLORIDA CORP NAPLES

BOH…. BANK OF HAWAII CORP

BOKF…. B O K FINANCIAL CORP

BOMK…. BANK MCKENNEY VA

BOVA…. BANK OF VIRGINIA

BPFH…. BOSTON PRIVATE FINL HLDS INC

BPSG…. BROADPOINT SECURITIES GROUP INC

BRK…. BERKSHIRE HATHAWAY INC DEL

BRK…. BERKSHIRE HATHAWAY INC DEL

BRKL…. BROOKLINE BANCORP INC

BSRR…. SIERRA BANCORP

BTFG…. BANCTRUST FINANCIAL GROUP INC

BUSE…. FIRST BUSEY CORP

BWINA…. BALDWIN & LYONS INC

BWINB…. BALDWIN & LYONS INC

BX…. BLACKSTONE GROUP L P

BXS…. BANCORPSOUTH INC

BYFC…. BROADWAY FINANCIAL CORP DEL

C…. CITIGROUP INC

CAC…. CAMDEN NATIONAL CORP

CACB…. CASCADE BANCORP

CADE…. CADENCE FINANCIAL CORP

CAFI…. CAMCO FINANCIAL CORP

CAPB…. CAPITALSOUTH BANCORP

CAPE…. CAPE FEAR BANK CORP

CART…. CAROLINA TRUST BANK

CARV…. CARVER BANCORP INC

CASB…. CASCADE FINANCIAL CORP

CASH…. META FINANCIAL GROUP INC

CATY…. CATHAY GENERAL BANCORP

CB…. CHUBB CORP

CBAN…. COLONY BANKCORP INC

CBBO…. COLUMBIA BANCORP ORE

CBC…. CAPITOL BANCORP LTD

CBIN…. COMMUNITY BANK SHRS INDIANA INC

CBKN…. CAPITAL BANK CORP NEW

CBNK…. CHICOPEE BANCORP INC

CBON…. COMMUNITY BANCORP

CBU…. COMMUNITY BANK SYSTEM INC

CCBD…. COMMUNITY CENTRAL BANK CORP

CCBG…. CAPITAL CITY BANK GROUP

CCBP…. COMM BANCORP INC

CCFH…. C C F HOLDING COMPANY

CCNE…. C N B FINANCIAL CORP PA

CCOW…. CAPITAL CORP OF THE WEST

CEBK…. CENTRAL BANCORP INC

CFBK…. CENTRAL FEDERAL CORP

CFFC…. COMMUNITY FINANCIAL CORP

CFFI…. C & F FINANCIAL CORP

CFFN…. CAPITOL FEDERAL FINANCIAL

CFNL…. CARDINAL FINANCIAL CORP

CFR…. CULLEN FROST BANKERS INC

CHCO…. CITY HOLDING CO

CHEV…. CHEVIOT FINANCIAL CORP

CHFC…. CHEMICAL FINANCIAL CORP

CI…. C I G N A CORP

CIA…. CITIZENS INC

CINF…. CINCINNATI FINANCIAL CORP

CITZ…. C F S BANCORP INC

CIZN…. CITIZENS HOLDING CO

CJBK…. CENTRAL JERSEY BANCORP

CLBH…. CAROLINA BANK HOLDINGS INC

CLFC…. CENTER FINANCIAL CORP

CLMS…. CALAMOS ASSET MANAGEMENT INC

CMA…. COMERICA INC

CME…. C M E GROUP INC

CMFB…. COMMERCEFIRST BANCORP INC

CMGI…. C M G I INC

CMSB…. C M S BANCORP INC

CNA…. C N A FINANCIAL CORP

CNAF…. COMMERCIAL NATIONAL FINL CORP

CNB…. COLONIAL BANCGROUP INC

CNBC…. CENTER BANCORP INC

CNBKA…. CENTURY BANCORP INC

CNC…. CENTENE CORP DEL

CNLA…. COMMUNITY NATL BANK LAKEWAY AREA

CNO…. CONSECO INC

CNS…. COHEN & STEERS INC

COBH…. PENNSYLVANIA COMMERCE BANCORP IN

COBZ…. COBIZ FINANCIAL INC

COLB…. COLUMBIA BANKING SYSTEM INC

COOP…. COOPERATIVE BANCSHARES INC

CORS…. CORUS BANKSHARES INC

COWN…. COWEN GROUP INC

CPBC…. COMMUNITY PARTNERS BANCORP

CPBK…. COMMUNITY CAPITAL CORP

CPF…. CENTRAL PACIFIC FINANCIAL CORP

CPHL…. CASTLEPOINT HOLDINGS LTD

CRBC…. CITIZENS REPUBLIC BANCORP INC

CRFN…. CRESCENT FINANCIAL CORP

CRMH…. C R M HOLDINGS LTD

CRRB…. CARROLLTON BANCORP

CRVL…. CORVEL CORP

CSBC…. CITIZENS SOUTH BANKING CORP DEL

CSBK…. CLIFTON SAVINGS BANCORP INC

CSFL…. CENTERSTATE BANKS OF FLORIDA INC

CSHB…. COMMUNITY SHORES BANK CORP

CSNT…. CRESCENT BANKING CO

CTBC…. CONNECTICUT BANK & TRUST CO

CTBI…. COMMUNITY TRUST BANCORP INC

CTBK…. CITYBANK LYNNWOOD WASHINGTON

CTZN…. CITIZENS FIRST BANCORP INC

CVBF…. C V B FINANCIAL CORP

CVBK…. CENTRAL VIRGINIA BANKSHARES INC

CVCY…. CENTRAL VALLEY COMM BANCORP

CVH…. COVENTRY HEALTH CARE INC

CVLL…. COMMUNITY VALLEY BANCORP

CVLY…. CODORUS VALLEY BANCORP INC

CWBC…. COMMUNITY WEST BANCSHARES

CWBS…. COMMONWEALTH BANKSHARES INC

CWLZ…. COWLITZ BANCORPORATION

CZFC…. CITIZENS FIRST CORP

CZWI…. CITIZENS CMNTY BANCORP INC MD

DB…. DEUTSCHE BANK AG

DCOM…. DIME COMMUNITY BANCSHARES

DEAR…. DEARBORN BANCORP INC

DFG…. DELPHI FINANCIAL GROUP INC

DGICA…. DONEGAL GROUP INC

DGICB…. DONEGAL GROUP INC

DHIL…. DIAMOND HILL INVESTMENT GRP INC

DLLR…. DOLLAR FINANCIAL CORP

DR…. DARWIN PROFESSIONAL UNDERWRITERS

DSL…. DOWNEY FINANCIAL CORP

DUF…. DUFF & PHELPS CORP NEW

EBSB…. MERIDIAN INTERSTATE BANCORP INC

EBTX…. ENCORE BANCSHRES INC

ECBE…. E C B BANCORP INC

EGBN…. EAGLE BANCORP INC

EIHI…. EASTERN INSURANCE HOLDINGS INC

EII…. ENERGY INFRASTRUCTURE ACQUI CORP

EMCI…. E M C INSURANCE GROUP INC

EMITF….. ELBIT IMAGING LTD

ENH…. ENDURANCE SPECIALTY HOLDINGS LTD

ESBF…. E S B FINANCIAL CORP

ESBK…. ELMIRA SAVINGS BANK FSB NY

ESGR…. ENSTAR GROUP LTD

ETFC…. E TRADE FINANCIAL CORP

EV…. EATON VANCE CORP

EVBN…. EVANS BANCORP INC

EVBS…. EASTERN VIRGINIA BANKSHARES INC

EVR…. EVERCORE PARTNERS INC

EWBC…. EAST WEST BANCORP INC

FABK…. FIRST ADVANTAGE BANCORP

FAC…. FIRST ACCEPTANCE CORP

FAF…. FIRST AMERICAN CORP CALIF

FBC…. FLAGSTAR BANCORP INC

FBCM…. F B R CAPITAL MARKETS CORP

FBIZ…. FIRST BUSINESS FINL SVCS INC

FBMI…. FIRSTBANK CORP

FBMS…. FIRST BANCSHARES INC MS

FBNC…. FIRST BANCORP NC

FBP…. FIRST BANCORP P R

FBSI…. FIRST BANCSHARES INC MO

FBSS…. FAUQUIER BANKSHARES INC

FBTC…. FIRST BANCTRUST

FCAL…. FIRST CALIFORNIA FINL GROUP INC

FCAP…. FIRST CAPITAL INC

FCBC…. FIRST COMMUNITY BANCSHARES INC

FCCO…. FIRST COMMUNITY CORP SC

FCCY…. 1ST CONSTITUTION BANCORP

FCFL…. FIRST COMMUNITY BANK CORP AMER

FCNCA…. FIRST CITIZENS BANCSHARES INC NC

FCVA…. FIRST CAPITAL BANCORP INC VA

FCZA…. FIRST CITIZENS BANC CORP

FDEF…. FIRST DEFIANCE FINANCIAL CORP

FDT…. FEDERAL TRUST CORP

FED…. FIRSTFED FINANCIAL CORP

FFBC…. FIRST FINANCIAL BANCORP OHIO

FFBH…. FIRST FEDERAL BANCSHARES ARK INC

FFCH…. FIRST FINANCIAL HOLDINGS INC

FFCO…. FEDFIRST FINANCIAL CORP

FFDF…. F F D FINANCIAL CORP

FFFD…. NORTH CENTRAL BANCSHARES INC

FFG…. F B L FINANCIAL GROUP INC

FFH…. FAIRFAX FINL HOLDINGS LTD

FFHS…. FIRST FRANKLIN CORP

FFIC…. FLUSHING FINANCIAL CORP

FFIN…. FIRST FINANCIAL BANKSHARES INC

FFKT…. FARMERS CAPITAL BANK CORP

FFKY…. FIRST FINANCIAL SERVICE CORP

FFNM…. FIRST FED NORTHN MI BANCORP INC

FFNW…. FIRST FINANCIAL NORTHWEST INC

FFSX…. FIRST FEDERAL BANKSHARES INC DEL

FHN…. FIRST HORIZON NATIONAL CORP

FIFG…. 1ST INDEPENDENCE FNL GROUP INC

FIG…. FORTRESS INVESTMENT GROUP L L C

FII…. FEDERATED INVESTORS INC PA

FISI…. FINANCIAL INSTITUTIONS INC

FKFS…. FIRST KEYSTONE FINANCIAL INC

FLIC…. FIRST LONG ISLAND CORP

FMAR…. FIRST MARINER BANCORP

FMBI…. FIRST MIDWEST BANCORP DE

FMER…. FIRSTMERIT CORP

FMFC…. FIRST M & F CORP

FNB…. F N B CORP PA

FNBN…. F N B UNITED CORP

FNFG…. FIRST NIAGARA FINL GROUP INC NEW

FNLC…. FIRST BANCORP INC ME

FNM…. FEDERAL NATIONAL MORTGAGE ASSN

FNSC…. FIRST NATIONAL BANCSHARES INC SC

FPBI…. F P B BANCORP INC

FPBN…. 1ST PACIFIC BANCORP CA

FPFC…. FIRST PLACE FINANCIAL CORP NM

FPIC…. F P I C INSURANCE GROUP INC

FPTB…. FIRST PACTRUST BANCORP INC

FRBK…. REPUBLIC FIRST BANCORP INC

FRE…. FEDERAL HOME LOAN MORTGAGE CORP

FRGB…. FIRST REGIONAL BANCORP

FRME…. FIRST MERCHANTS CORP

FSBI…. FIDELITY BANCORP INC

FSBK…. FIRST SOUTH BANCORP INC

FSGI…. FIRST SECURITY GROUP INC

FSNM…. FIRST STATE BANCORPORATION

FTBK…. FRONTIER FINANCIAL CORP

FULT…. FULTON FINANCIAL CORP PA

FUNC…. FIRST UNITED CORP

FWV…. FIRST WEST VIRGINIA BANCORP INC

FXCB…. FOX CHASE BANCORP INC

GABC…. GERMAN AMERICAN BANCORP INC

GAN…. GAINSCO INC

GBCI…. GLACIER BANCORP INC NEW

GBH…. GREEN BUILDERS INC

GBL…. GAMCO INVESTORS INC

GBNK…. GUARANTY BANCORP

GBTS…. GATEWAY FINANCIAL HLDGS INC

GCA…. GLOBAL CASH ACCESS HOLDINGS INC

GFED…. GUARANTY FEDERAL BANCSHARES INC

GFIG…. G F I GROUP INC

GFLB…. GREAT FLORIDA BANK

GGAL…. GRUPO FINANCIERO GALICIA S A

GHL…. GREENHILL & CO INC

GIW…. WILBER CORP

GLBZ….. GLEN BURNIE BANCORP

GLRE…. GREENLIGHT CAPITAL RE LTD

GNW…. GENWORTH FINANCIAL INC

GOV…. GOUVERNEUR BANCORP INC

GRAN…. BANK GRANITE CORP

GRNB…. GREEN BANKSHARES INC

GROW…. U S GLOBAL INVESTORS INC

GS…. GOLDMAN SACHS GROUP INC

GSBC…. GREAT SOUTHERN BANCORP INC

GSLA…. G S FINANCIAL CORP

GTS…. TRIPLE S MANAGEMENT CORP

HABC…. HABERSHAM BANCORP INC

HAFC… HANMI FINANCIAL CORP

HALL…. HALLMARK FINANCIAL SERVICES INC

HARL…. HARLEYSVILLE SAVINGS FINAN CORP

HAXS…. HEALTHAXIS INC

HBAN…. HUNTINGTON BANCSHARES INC

HBHC…. HANCOCK HOLDING CO

HBNK…. HAMPDEN BANCORP INC

HBOS…. HERITAGE FINANCIAL GROUP

HCBK…. HUDSON CITY BANCORP INC

HCC…. H C C INSURANCE HOLDINGS INC

HEOP…. HERITAGE OAKS BANCORP

HFBC…. HOPFED BANCORP INC

HFFC…. H F FINANCIAL CORP

HFWA…. HERITAGE FINANCIAL CORP WA

HGIC…. HARLEYSVILLE GROUP INC

HIFS…. HINGHAM INSTITUTION FOR SVGS MA

HMN…. HORACE MANN EDUCATORS CORP NEW

HMNF…. H M N FINANCIAL INC

HMPR…. HAMPTON ROADS BANKSHARES INC

HNBC…. HARLEYSVILLE NATIONAL CORP PA

HNT…. HEALTH NET INC

HOMB…. HOME BANCSHARES INC

HOME…. HOME FEDERAL BANCORP INC MD

HRZB…. HORIZON FINANCIAL CORP WASH

HS…. HEALTHSPRING INC

HTBK…. HERITAGE COMMERCE CORP

HTH…. HILLTOP HOLDINGS INC

HTLF…. HEARTLAND FINANCIAL USA INC

HUM…. HUMANA INC

HWBK…. HAWTHORN BANCSHARES INC

HWFG…. HARRINGTON WEST FINANCIAL GRP IN

IAAC…. INTERNATIONAL ASSETS HLDG CORP

IBCA…. INTERVEST BANCSHARES CORP

IBCP…. INDEPENDENT BANK CORP MICH

IBKC…. IBERIABANK CORP

IBKR…. INTERACTIVE BROKERS GROUP INC

IBNK…. INTEGRA BANK CORP

IBOC… INTERNATIONAL BANCSHARES CORP

ICE…. INTERCONTINENTALEXCHANGE INC

ICH…. INVESTORS CAPITAL HOLDINGS LTD

IFC…. IRWIN FINANCIAL CORP

IFSB…. INDEPENDENCE FEDERAL SAVINGS BK

IHC…. INDEPENDENCE HOLDING CO NEW

IMP…. IMPERIAL CAPITAL BANCORP INC

INCB…. INDIANA COMMUNITY BANCORP

INDB…. INDEPENDENT BANK CORP MA

ING…. I N G GROEP N V

IPCC…. INFINITY PROPERTY & CASUALTY COR

IPCR…. I P C HOLDINGS LTD

IRE…. IRELAND BANK

ITC… I T C HOLDINGS CORP

ITG…. INVESTMENT TECHNOLOGY GP INC NEW

ITIC…. INVESTORS TITLE CO

JAXB…. JACKSONVILLE BANCORP INC FL

JEF…. JEFFERIES GROUP INC NEW

JFBC…. JEFFERSONVILLE BANCORP

JFBI…. JEFFERSON BANCSHARES INC TENN

JLI…. JESUP & LAMONT INC

JMP…. J M P GROUP INC

JNS…. JANUS CAP GROUP INC

JPM…. JPMORGAN CHASE & CO

JXSB…. JACKSONVILLE BANCORP INC

KCLI…. KANSAS CITY LIFE INS CO

KENT…. KENT FINANCIAL SERVICES INC

KEY…. KEYCORP NEW

KFED…. K FED BANCORP

KFFB…. KENTUCKY FIRST FEDERAL BANCORP

KFS…. KINGSWAY FINANCIAL SERVICES INC

KRNY…. KEARNY FINANCIAL CORP

L…. LOEWS CORP

LAB…. LABRANCHE & CO INC

LABC…. LOUISIANA BANCORP INC

LARK…. LANDMARK BANCORP INC

LAZ…. LAZARD LTD

LBBB…. LIBERTY BELL BK CHERRY HILL NJ

LBCP…. LIBERTY BANCORP INC MO

LEGC…. LEGACY BANCORP INC

LEH…. LEHMAN BROTHERS HOLDINGS INC

LFC…. CHINA LIFE INSURANCE CO LTD

LION…. FIDELITY SOUTHERN CORP NEW

LKFN…. LAKELAND FINANCIAL CORP

LNC…. LINCOLN NATIONAL CORP IN

LNCB…. LINCOLN BANCORP IND

LPSB…. LAPORTE BANCORP INC

LSBI…. L S B FINANCIAL CORP

LSBK…. LAKE SHORE BANCORP INC

LSBX…. L S B CORP

LTS…. LADENBURG THALMANN FIN SVCS INC

LUK…. LEUCADIA NATIONAL CORP

LYG…. LLOYDS TSB GROUP PLC

MAIN…. MAIN STREET CAPITAL CORP

MASB…. MASSBANK CORP

MBFI…. M B FINANCIAL INC NEW

MBHI…. MIDWEST BANC HOLDINGS INC

MBI…. MBIA INC

MBP…. MID PENN BANCORP INC

MBR…. MERCANTILE BANCORP INC

MBRG…. MIDDLEBURG FINANCIAL CORP

MBTF…. M B T FINANCIAL CORP

MBVA…. MILLENNIUM BANKSHARES CORP

MBVT…. MERCHANTS BANCSHARES INC

MBWM…. MERCANTILE BANK CORP

MCBF…. MONARCH COMMUNITY BANCORP INC

MCBI…. METROCORP BANCSHARES INC

MCGC…. M C G CAPITAL CORP

MCY…. MERCURY GENERAL CORP NEW

MER….. MERRILL LYNCH & CO INC

MERR…. MERRIMAN CURHAN FORD GROUP INC

MF…. M F GLOBAL LTD

MFC…. MANULIFE FINANCIAL CORP

MFLR…. MAYFLOWER BANCORP INC

MFNC…. MACKINAC FINANCIAL CORP

MFSF…. MUTUALFIRST FINL INC

MGYR…. MAGYAR BANCORP INC

MHLD…. MAIDEN HOLDNGS LTD

MI…. MARSHALL & ILSLEY CORP NEW

MIG…. MEADOWBROOK INSURANCE GROUP INC

MIGP…. MERCER INSURANCE GROUP INC

MKL…. MARKEL CORP

MKTX…. MARKETAXESS HLDGS INC

MNRK…. MONARCH FINANCIAL HOLDINGS INC

MOFG…. MIDWESTONE FINANCIAL GRP INC NEW

MOH…. MOLINA HEALTHCARE INC

MORN…. MORNINGSTAR INC

MRH…. MONTPELIER RES HOLDINGS LTD

MROE…. MONROE BANCORP

MS…. MORGAN STANLEY DEAN WITTER & CO

MSBF…. M S B FINANCIAL CORP

MSFG…. MAINSOURCE FINANCIAL GROUP INC

MSL…. MIDSOUTH BANCORP INC

MTG…. M G I C INVESTMENT CORP WIS

MTU…. MITSUBISHI UFJ FINANCIAL GP INC

MXGL…. MAX CAPITAL GROUP LTD

NAHC…. NATIONAL ATLANTIC HOLDINGS CORP

NAL…. NEWALLIANCE BANCSHARES INC

NARA…. NARA BANCORP INC

NATL…. NATIONAL INTERSTATE CORP

NAVG…. NAVIGATORS GROUP INC

NBBC…. NEWBRIDGE BANCORP

NBN…. NORTHEAST BANCORP

NBTB…. N B T BANCORP INC

NBTF….. N B & T FINANCIAL GROUP INC

NCBC…. NEW CENTURY BANCORP INC NC

NCC…. NATIONAL CITY CORP

NDAQ…. NASDAQ O M X GROUP INC

NEBS…. NEW ENGLAND BANCSHARES INC

NECB…. NORTHEAST COMMUNITY BANCORP INC

NEWT….. NEWTEK BUSINESS SVCS INC

NFBK….. NORTHFIELD BANCORP INC

NFS…. NATIONWIDE FINANCIAL SERVICES IN

NFSB…. NEWPORT BANCORP INC

NHTB…. NEW HAMPSHIRE THRIFT BNCSHRS INC

NICK…. NICHOLAS FINANCIAL INC

NITE…. KNIGHT CAPITAL GROUP INC

NKSH…. NATIONAL BANKSHARES INC

NMR…. NOMURA HOLDINGS INC

NMX…. NYMEX HOLDINGS INC

NOVB…. NORTH VALLEY BANCORP

NPBC…. NATIONAL PENN BANCSHARES INC

NRIM…. NORTHRIM BANCORP INC

NSEC…. NATIONAL SECURITY GROUP INC

NSFC…. NORTHERN STATES FINANCIAL CORP

NSH…. NUSTAR G P HOLDINGS LLC

NTQ…. N T R ACQUISITION CO

NTRS…. NORTHERN TRUST CORP

NVSL…. NAUGATUCK VLY FINANCIAL CORP

NWFL…. NORWOOD FINANCIAL CORP

NWLIA…. NATIONAL WESTERN LIFE INS CO

NWSB…. NORTHWEST BANCORP INC PA

NXTY….. NEXITY FINANCIAL CORP

NYB…. NEW YORK COMMUNITY BANCORP INC

NYM…. N Y M A G I C INC

NYX…. N Y S E EURONEXT

OCFC…. OCEANFIRST FINANCIAL CORP

OFG…. ORIENTAL FINANCIAL GROUP INC

OKSB…. SOUTHWEST BANCORP INC OKLA

OLBK…. OLD LINE BANCSHARES

OLCB…. OHIO LEGACY CORP

ONB…. OLD NATIONAL BANCORP

ONFC…. ONEIDA FINANCIAL CORP

OPHC…. OPTIMUMBANK HOLDINGS INC

OPOF…. OLD POINT FINL CORP

OPY…. OPPENHEIMER HOLDINGS INC

ORH…. ODYSSEY RE HOLDINGS CORP

ORI…. OLD REPUBLIC INTERNATIONAL CORP

ORIT…. ORITANI FINANCIAL CORP

OSBC…. OLD SECOND BANCORP INC

OSBK…. OSAGE BANCSHARES INC

OSHC…. OCEAN SHORE HOLDING CO

OVBC…. OHIO VALLEY BANC CORP

OXPS…. OPTIONSXPRESS HOLDINGS INC

OZM…. OCH ZIFF CAPITAL MANGMNT GRP LLC

OZRK…. BANK OF THE OZARKS INC

PABK…. P A B BANKSHARES INC

PACW…. PACWEST BANCORP DE

PBCI…. PAMRAPO BANCORP INC

PBCT…. PEOPLES UNITED FINANCIAL INC

PBHC…. PATHFINDER BANCORP INC

PBIB…. PORTER BANCORP INC

PBIP…. PRUDENTIAL BANCORP INC PA

PBKS…. PROVIDENT BANKSHARES CORP

PBNY…. PROVIDENT NEW YORK BANCORP

PCBC…. PACIFIC CAPITAL BANCORP NEW

PCBI…. PEOPLES COMMUNITY BANCORP INC

PCBK…. PACIFIC CONTINENTAL CORP

PCBS…. PROVIDENT COMMUNITY BANCSHRS INC

PEBK…. PEOPLES BANCORP NC INC

PEBO…. PEOPLES BANCORP INC

PFBC…. PREFERRED BANK LOS ANGELES

PFBI…. PREMIER FINANCIAL BANCORP INC

PFBX…. PEOPLES FINANCIAL CORP

PFED…. PARK BANCORP INC

PFG…. PRINCIPAL FINANCIAL GROUP INC

PFS…. PROVIDENT FINANCIAL SVCS INC

PGR…. PROGRESSIVE CORP OH

PHLY…. PHILADELPHIA CONSOLIDATED HLG CO

PICO….. P I C O HOLDINGS INC

PJC…. PIPER JAFFRAY COMPANIES

PKBK…. PARKE BANCORP INC

PL…. PROTECTIVE LIFE CORP

PLCC…. PAULSON CAPITAL CORP

PLFE…. PRESIDENTIAL LIFE CORP

PMACA…. P M A CAPITAL CORP

PMBC…. PACIFIC MERCANTILE BANCORP

PMI…. P M I GROUP INC

PNBC…. PRINCETON NATIONAL BANCORP INC

PNBK…. PATRIOT NATIONAL BANCORP INC

PNC…. P N C FINANCIAL SERVICES GRP INC

PNFP…. PINNACLE FINANCIAL PARTNERS INC

PNSN…. PENSON WORLDWIDE INC

PNX…. PHOENIX COS INC

PPBI…. PACIFIC PREMIER BANCORP INC

PRA…. PROASSURANCE CORP

PRE…. PARTNERRE LTD

PRK…. PARK NATIONAL CORP

PROS…. PROCENTURY CORP

PROV…. PROVIDENT FINANCIAL HOLDINGS INC

PRSP…. PROSPERITY BANCSHARES INC

PRU…. PRUDENTIAL FINANCIAL INC

PRWT…. PREMIERWEST BANCORP

PSBC…. PACIFIC STATE BANCORP

PSBH…. PSB HOLDINGS INC

PSEC…. PROSPECT CAPITAL CORP

PTA…. PENN TREATY AMERICAN CORP

PTP…. PLATINUM UNDERWRITERS HLDGS LTD

PUK…. PRUDENTIAL PLC

PULB…. PULASKI FINANCIAL CORP

PVFC…. P V F CAPITAL CORP

PVSA…. PARKVALE FINANCIAL CORP

PVTB…. PRIVATEBANCORP INC

PWOD…. PENNS WOODS BANCORP INC

PZN…. PZENA INVESTMENT MANAGEMENT INC

QCRH…. Q C R HOLDINGS INC

QNTA…. QUANTA CAPITAL HOLDINGS LTD

RAMR…. R A M HOLDINGS LTD

RBCAA…. REPUBLIC BANCORP INC KY

RBNF….. RUBAN FINANCIAL CORP

RBPAA…. ROYAL BANCSHARES PA INC

RBS…. ROYAL BANK SCOTLAND GROUP PLC

RCBK…. RIVER CITY BANK

RCKB…. ROCKVILLE FINANCIAL INC

RDN…. RADIAN GROUP INC

RE…. EVEREST RE GROUP LTD

RF…. REGIONS FINANCIAL CORP NEW

RGA…. REINSURANCE GROUP OF AMERICA INC

RIVR…. RIVER VALLEY BANCORP

RJF…. RAYMOND JAMES FINANCIAL INC

RKH…. REGIONAL BANK HOLDRS TRUST

RLI…. R L I CORP

RNR…. RENAISSANCERE HOLDINGS LTD

RNST…. RENASANT CORP

RODM…. RODMAN & RENSHAW CAP GRP INC NEW

ROMA….. ROMA FINANCIAL CORP

ROME…. ROME BANCORP INC

RPFG….. RAINIER PACIFIC FINL GROUP INC

RVSB….. RIVERVIEW BANCORP INC

RY…. ROYAL BANK CANADA MONTREAL QUE

SAF…. SAFECO CORP

SAFT…. SAFETY INSURANCE GROUP INC

SAL …. SALISBURY BANCORP INC

SAMB…. SUN AMERICAN BANCORP

SASR…. SANDY SPRING BANCORP INC

SAVB…. SAVANNAH BANCORP INC

SBBX…. SUSSEX BANCORP

SBCF…. SEACOAST BANKING CORP FLA

SBIB…. STERLING BANCSHARES INC

SBKC…. SECURITY BANK CORP

SBNY…. SIGNATURE BANK NEW YORK N Y

SBP…. SANTANDER BANCORP

SBSI…. SOUTHSIDE BANCSHARES INC

SCA…. SECURITY CAPITAL ASSURANCE LTD

SCB…. COMMUNITY BANKSHARES INC S C

SCBT…. S C B T FINANCIAL CORP

SCHW…. SCHWAB CHARLES CORP NEW

SCMF…. SOUTHERN COMMUNITY FINCL CORP

SEAB….. SEABRIGHT INSURANCE HOLDINGS INC

SF…. STIFEL FINANCIAL CORP

SFG…. STANCORP FINANCIAL GROUP INC

SFNC…. SIMMONS 1ST NATIONAL CORP

SFST…. SOUTHERN FIRST BANCSHARES INC

SGB…. SOUTHWEST GEORGIA FINANCIAL CORP

SHG…. SHINHAN FINANCIAL GROUP CO LTD

SIEB…. SIEBERT FINANCIAL CORP

SIFI…. SI FINANCIAL GROUP INC

SIGI…. SELECTIVE INSURANCE GROUP INC

SIVB…. S V B FINANCIAL GROUP

SLF…. SUN LIFE FINANCIAL INC

SLM…. S L M CORP

SMBC…. SOUTHERN MISSOURI BANCORP INC

SMCG….. MILLENNIUM INDIA ACQUISIT CO INC

SMHG…. SANDERS MORRIS HARRIS GROUP INC

SMMF…. SUMMIT FINANCIAL GROUP INC

SMTB…. SMITHTOWN BANCORP INC

SNBC…. SUN BANCORP INC

SNV…. SYNOVUS FINANCIAL CORP

SOCB…. SOUTHCOAST FINANCIAL CORP

SOMH…. SOMERSET HILLS BANCORP

SONA…. SOUTHERN NATIONAL BANCORP VA INC

SOV…. SOVEREIGN BANCORP INC

SRCE…. 1ST SOURCE CORP

SSBI SUMMIT STATE BANK

SSBX…. SILVER STATE BANCORP

SSFN…. STEWARDSHIP FINANCIAL CORP

STBA…. S & T BANCORP INC

STBC…. STATE BANCORP INC NY

STBK…. STERLING BANKS INC

STEL…. STELLARONE CORP

STFC…. STATE AUTO FINANCIAL CORP

STI…. SUNTRUST BANKS INC

STL…. STERLING BANCORP

STSA…. STERLING FINANCIAL CORP WASH

STT…. STATE STREET CORP

STU…. STUDENT LOAN CORP

SUAI…. SPECIALTY UNDERWRITERS ALL INC

SUBK…. SUFFOLK BANCORP

SUFB…. SUFFOLK FIRST BANK VA

SUPR…. SUPERIOR BANCORP

SUR…. C N A SURETY CORP

SUSQ…. SUSQUEHANNA BANCSHARES INC PA

SVBI…. SEVERN BANCORP INC MD

SWS…. S W S GROUP INC

SYBT…. S Y BANCORP INC

TAMB…. TAMALPAIS BANCORP

TAQ…. TRANSFORMA ACQUISITION GROUP INC

TAYC…. TAYLOR CAPITAL GROUP INC

TBBK…. BANCORP INC

TBHS…. BANK HOLDINGS THE

TCB…. T C F FINANCIAL CORP

TCBI…. TEXAS CAPITAL BANCSHARES INC

TCBK…. TRICO BANCSHARES

TCHC…. 21ST CENTURY HOLDING CO

TDBK…. TIDELANDS BANCSHARES INC

TFIN…. TEAM FINANCIAL INC

TFSL…. TFS FINANCIAL CORP

TGIC…. TRIAD GUARANTY INC

THFF…. FIRST FINANCIAL CORP IN

THG…. HANOVER INSURANCE GROUP INC

THRD…. T F FINANCIAL CORP

TIBB…. T I B FINANCIAL CORP

TIL…. TRANS INDIA ACQUISITION CORP

TMCV…. TEMECULA VALLEY BANCORP INC

TMK…. TORCHMARK CORP

TMP…. TOMPKINS FINANCIAL CORP

TNCC…. TENNESSEE COMMERCE BANCORP INC

TOFC…. TOWER FINANCIAL CORP

TONE…. TIERONE CORP

TOWN…. TOWNEBANK

TRH…. TRANSATLANTIC HOLDINGS INC

TROW…. T ROWE PRICE GROUP INC

TRST…. TRUSTCO BANK CORP NY

TRUE…. CENTRUE FINANCIAL CORP NEW

TRV…. TRAVELERS COMPANIES INC

TSBK…. TIMBERLAND BANCORP INC

TSFG…. SOUTH FINL GROUP INC

TSH…. TECHE HOLDING CO

TWGP…. TOWER GROUP INC

TWPG…. THOMAS WEISEL PARTNERS GROUP INC

UAM…. UNIVERSAL AMERICAN CORP

UB…. UNIONBANCAL CORP

UBCP…. UNITED BANCORP INC

UBFO…. UNITED SECURITY BANKSHARES

UBNK…. UNITED FINANCIAL BANCORP INC MD

UBOH…. UNITED BANCSHARES INC

UBS…. U B S AG

UBSH…. UNION BANKSHARES CORP

UBSI…. UNITED BANKSHARES INC

UCBA…. UNITED COMMUNITY BANCORP

UCBH…. U C B H HOLDINGS INC

UCBI…. UNITED COMMUNITY BANKS INC GA

UCFC…. UNITED COMMUNITY FINL CORP OHIO

UFCS…. UNITED FIRE & CAS CO

UMBF…. U M B FINANCIAL CORP

UMPQ…. UMPQUA HOLDINGS CORP

UNAM…. UNICO AMERICAN CORP

UNB…. UNION BANKSHARES INC

UNH…. UNITEDHEALTH GROUP INC

UNIB… UNIVERSITY BANCORP INC

UNM…. UNUM GROUP

UNTY…. UNITY BANCORP INC

USB…. U S BANCORP DEL

USBI…. UNITED SECURITY BANCSHARES INC

UTR…. UNITRIN INC

UVSP…. UNIVEST CORP OF PENNSYLVANIA

UWBK…. UNITED WESTERN BANCORP INC

VBFC…. VILLAGE BANK AND TRUST FINL CORP

VCBI…. VIRGINIA COMMERCE BANCORP

VIST…. V I S T FINACIAL CORP

VLY…. VALLEY NATIONAL BANCORP

VNBC…. VINEYARD NATIONAL BANCORP

VPFG…. VIEWPOINT FINANCIAL GROUP

VR…. VALIDUS HOLDINGS LTD

VSBN…. V S B BANCORP INC NY

VYFC…. VALLEY FINANCIAL CORP VA

WABC…. WESTAMERICA BANCORPORATION

WAIN…. WAINWRIGHT BANK & TRUST CO BOSTN

WAL…. WESTERN ALLIANCE BANCORPORATION

WASH…. WASHINGTON TRUST BANCORP INC

WAUW…. WAUWATOSA HOLDINGS INC

WAYN…. WAYNE SAVINGS BANCSHARES INC NEW

WB…. WACHOVIA CORP 2ND NEW

WBCO…. WASHINGTON BANKING COMPANY

WBNK…. WACCAMAW BANKSHARES INC

WBS…. WEBSTER FINL CORP WATERBURY CONN

WCBO…. WEST COAST BANCORP ORE NEW

WCG…. WELLCARE HEALTH PLANS INC

WDR…. WADDELL & REED FINANCIAL INC

WFBC…. WILLOW FINANCIAL BANCORP INC

WFC…. WELLS FARGO & CO NEW

WFD…. WESTFIELD FINANCIAL INC

WFSL…. WASHINGTON FEDERAL INC

WGNB…. W G N B CORP

WHG…. WESTWOOD HOLDINGS GROUP INC

WHI…. W HOLDING CO INC

WIBC…. WILSHIRE BANCORP INC

WL…. WILMINGTON TRUST CORP

WLP…. WELLPOINT INC

WM…. WASHINGTON MUTUAL INC

WPL…. STEWART W P & CO LTD

WRB…. BERKLEY W R CORP

WSB…. W S B HOLDINGS INC

WSBC…. WESBANCO INC

WSFG…. W S B FINANCIAL GROUP

WSFS…. WSFS FINANCIAL CORP

WTBA…. WEST BANCORPORATION INC

WTFC…. WINTRUST FINANCIAL CORPORATION

WTM…. WHITE MOUNTAINS INS GROUP INC

WTNY…. WHITNEY HOLDING CORP

WVFC…. WVS FINANCIAL CORP

XL…. X L CAPITAL LTD

Y…. ALLEGHANY CORP DE

YAVY….. YADKIN VALLEY FINANCIAL CORP

ZION…. ZIONS BANCORP

ZNT…. ZENITH NATIONAL INSURANCE CORP

Next week we’ll see the reports from Washington Mutual (woohoo) and Wachovia. They are expected to report losses as well. Of course, you know why everyone is reporting losses? I won’t default on my credit cards because I’m working hard to build my credit.

I’d like to see how my creditors are doing. I can’t think of who they are off the top of my head, but I think I’m keeping them in business with my student loan debt. It could be worse I suppose.