This situation describes the financial sector crisis right now.
 

Lets say there are 10 bottles of water, and one of them contains gift... you are not going to drink from any of the bottles even though 9 of them are perfectly fine.

this is what is happening right now with banks that are generally fine.
JPM down 8.5
GS down 25

Perfectly fine... not. The whole sector is struggling, from Citi to UBS, Barclays...etc.

Some banks are less exposed than others, some are better managed than others, but all of them have been taking loans from central banks since last year, have been seeking billions from investors, all the big names in the banking industry have been affected by the downturn. It's a highly leveraged sector.

i was clearly talking about "banks that are generally fine"
neither citi nor ubs qualify for that :)

All banks will go under if a bank run starts.

The economic stuff is ... strong ... I have been told !

You can even use the " a google " to check....

fear breaks down any stock, the media are to blame

Its scary..... remember the media wasnt as live and the internet wasnt around in the past financial crises. If people start to worry about Goldman (currently hovvering around $100) and a bank run starts then damn, its all over.

But if GS stays afloat which is probably more likely then its incredible good value at $100. Hell you get $21/share dividend and thats over 20% capital gain per year on your holding if they keep the dividends at that level. Once this is all gone and assuming GS survives, some people holding massively on GS will probably be very well rewarded.

$21/share in dividends are you crazy where did you get such info? :Oh crap