This is a sign the story implies of mounting counterparty concerns. Now, remember, they have thousand of counterparties out here, so this is a small group. But there you see Deutsche Bank down about 6 . Its had an immediate effect on our market here, perhaps an oversized effect. If you look at the s p 500 because as the story came out, we were tooling along just about in the unchanged level, you can see that it, too, dropped rather noticeably. Theres the dow industrials. Put up the bank index, the kbe and here in the United States, which is a basket of all the large banks here in the United States and that immediately dropped. Take a look at the bank here. This gives you indication of whatever, if any probably have nothing to do with jpmorgan for example. Even its to the downside. Signs this is a bit likely on the excessive side. Hardly likely theres an impact on jpmorgan at all. Rest of the market, there was a general decline overall. Even Consumer Discretionary stocks. No impact from
Up next on American History tv, the Treasury Department hosts a ceremony to rename the Treasury Building to freedmans Bank Building. This is about 30 minutes. Brodi fontenot good afternoon. My name is Brodi Fontenot, and i have the assistant secretary for management here at the Treasury Department. Thank you all for being here today. Those of you joining us virtually as well. It is a tremendous privilege to come to work here at the Treasury Department every day in this historic building, knowing that for more than a century, decisions made in this building have impacted the lives of our fellow citizens. I am honored to work for secretary lew, a tireless leader and advocate for the cause of the institution. Often times in the day to day routine, it is easy to forget the historic significance of the institution we work for, the legacy that we are a small part of, and the people we serve. Today, we take a small step in preserving the history of the building and the legacy of service and i
Anniversary of the freedmans bank. Incorporated by congress in 1865, the bank was for newly freed slaves in the postcivil war era. Up next on American History tv the Treasury Department hosts a , ceremony to rename the Treasury Annex building to freedmans Bank Building. This was built on the original site of the bank. This is about 30 minutes. Brodi fontenot good afternoon. My name is Brodi Fontenot, and i am the assistant secretary for management here at the Treasury Department. Thank you all for being here today. Those of you joining us virtually as well. It is a tremendous privilege to come to work here at the Treasury Department every day in this historic building, knowing that for more than a century, decisions made in this building have impacted the lives of our fellow citizens. I am honored to work for secretary lew, a tireless leader and advocate for the cause of the institution. Financial inclusion. Often times in the day to day routine, it is easy to forget the historic signi
This is about 30 minutes. Brodi fontenot good afternoon. My name is Brodi Fontenot, and i am the assistant secretary for management here at the Treasury Department. Thank you all for being here today. Those of you joining us virtually as well. It is a tremendous privilege to come to work here at the Treasury Department every day in this historic building, knowing that for more than a century, decisions made in this building have impacted the lives of our fellow citizens. I am honored to work for secretary lew, a tireless leader and advocate for the cause of Financial Inclusion. Often times in the day to day routine, it is easy to forget the historic significance of the institution we work for, the legacy that we are a small part of, and the people we serve. Today, we take a small step in preserving the history of the building and the legacy of service and inclusion at treasury. I want to start off by recognizing john brian. It was his idea that we name the Treasury Annex the freedmans
Thank you all for being here today. Those of you joining us virtually as well. Privilege tondous come to work here at the Treasury Department every day in this historic building, knowing that for more than a century, decisions made in this building have impacted the lives of our fellow citizens. I am honored to work for acretary loop lew, tireless leader and advocate for the cause of the institution. Often times in the day to day routine, it is easy to forget the historic significance of the institution we work for, the legacy that we are a small part of and the people we serve. , today, we take a small step in preserving the history of the building and the legacy of service and inclusion at treasury. I want to start off by recognizing john brian. It was his idea that we name the Treasury Annex the freedmans Bank Building. And im delighted this idea came to fruition. [applause] Brodi Fontenot thank you for your leadership and continued commitment to Financial Inclusion for all american