This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Citigroup Worst of Bank Stocks, Poll Says

Stocks in this article: C BAC GS

It almost seems unfair, given the rout, to ask which of the banks will continue to be the worst of the bunch. But we did just that, asking, "Of the globe's biggest banks, which do you think is most likely to disappoint investors on the road to recovery?"

In his recent book on the market meltdown, Andrew Ross Sorkin, who edits The New York Times' DealBook, made clear that Citigroup CEO Vikram Pandit would be the last executive picked in a game of dodge ball played by Wall Street CEOs. The rest of the Masters of the Universe seem to snicker when they even hear the name "Pandit" and run away from calls and meetings with the Citi CEO as if he were the human embodiment of swine flu.

In that case, at least our poll finally offers Pandit something he can win. With a little more than 50% of votes cast, survey takers expect Citigroup to be the biggest of the bank disappointments -- a distinction truly deserving of a $1 annual salary.

The ignoble race for second place was relatively close, though John Paulson clearly did not vote. Bank of America edged out UBS, garnering 20.5% of bearish banking sector sentiment, as compared to 18.3% of bank naysayers who think UBS will assume the bank basement.

It is no surprise then that Goldman Sachs and JPMorgan are judged relatively healthy by the survey audience, and almost equally healthy, we might add: only 5.7% of survey takers thought Goldman Sachs would disappoint the most, while a mere 4.7% voted JP Morgan worst-in-class.

-- Reported by Eric Rosenbaum in New York

Follow TheStreet.com on Twitter and become a fan on Facebook.

Copyright 2009 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs