Sunday, July 27, 2008

Analyst: More Downside Pain for Bank Stocks

Mark Hanson, a mortgage consultant with the Field Check Group, who is used by top hedge-fund clients, is negative on a slew of financial stocks.

Stocks he has recently suggested betting against are Lehman Brothers, Wells Fargo, Wachovia, US Bank, PNC Bank, H&R Block and Assured Guaranty, according to NyPo.

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