Financials Dropping On Goldman Sachs Subpoena, Moody's Watch

Just what the market needed was more bad news. Goldman Sachs

shares are dropping on news that a Manhattan Prosecutor is subpoenaing the company. In addition to this bad news, Moody's has put the debt of Citigroup, Bank of America and Wells Fargo

WFC

on credit watch. As a result, Citigroup

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, Bank of America

BAC

, and J.P. Morgan

JPM

shares are down on this news. At last check, Goldman Sachs were off $2.11 to $134.11, a loss of 1.5%.

BACBank of America Corp

$47.370.74%

Edge Rankings

Momentum54.29

Growth73.30

Quality52.12

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CCitigroup Inc

$93.540.48%

GSThe Goldman Sachs Group Inc

$708.080.32%

JPMJPMorgan Chase & Co

$291.200.45%

WFCWells Fargo & Co

$80.210.63%

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