[SantaGanstag]

there's another reason, which is only my speculation:

the banks are pissed over Obama & the Senate/Congress with the executives pay limitation & names calling. So they are selling to give Obama an black-eye.

Interesting theory but the banks were in trouble even before Obama got into office.

Many people are damn angry with the heads of these banks. They messed up & its causing alot of grief. Stock holders will take care of some of them, look at whats going on in Bank of America