Monday's Financial Winners & Losers

Financial stocks were mostly stuck in reverse on Monday as a plethora of bad news countered mounting calls for the government to bail out troubled subprime borrowers.

Treasury Secretary Hank Paulson essentially confirmed a Friday report that the government is formulating a plan to help stymie what he called "preventable foreclosures." The plan's intent is to give the economy some traction as it slides seemingly ever downward due to the sinking housing market. And Sen. Hillary Clinton (D., N.Y.), in a letter to Paulson, called for a 90-day moratorium on foreclosures and at least a five-year freeze on adjustable mortgage rates.

Still, individual financial stocks were losing ground. Countrywide (CFC Quote), Citigroup (C Quote) and Wells Fargo (WFC Quote) -- all of which surged Friday on news their executives are meeting with regulators to formulate the rescue plan -- each were down 0.7% or more. Washington Mutual (WM Quote) traded in and out of the red, though it was recently up 0.7%. ...