Bank Stocks MAULED, Barclays Down 40%

The market isn’t buying Barclays’ promise of great earnings. The UK bank is down 40%. Bank of America (BAC) is now 17% closer to $0, which is where it should be, and Citigroup is down 11%. Ugly, ugly, ugly.

Oh and State Street (STT), which should be boring: down 51%!

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