- On December 31, 2007 during President Bush's second term
- On March 6, 2009, very early in President Obama's first term, which was the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and
- also on the most recent date May 13, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 95 New York Financial Companies had their average stock market prices decline by a massive 62% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But in the slightly more than five years since March 6, 2009, the average stock market prices of these same 95 New York Financial Companies have increased by a very impressive 323% through May 13, 2014, led by Newcastle Investment Corp's stock market price increasing by 29 times in the most recent roughly 5 years.
Altogether, 6 of these 95 New York Financial Companies..... Newcastle Investment Corp, iStar, SL Green Realty, JW Mays, NorthStar Realty Finance and XL Group..... had their stock market prices increase by more than 10 times in roughly the most recent 5 years, and Arbor Realty Trust just barely missed with a 9.97 times increase.
Only 4 of these 95 New York Financial Companies had their stock market prices decline over the most recent roughly 5 years.
In similar fashion, the US unemployment rate doubled from 5.0% in December 2007 to 10.0% in October 2009, early in President Obama's first term which was the very lowest point for the US Labor Market due to the lagging spillover effects resulting from the disastrous 2008 Financial Meltdown.
And then with the US economic stimulating actions of the Obama Administration, supported by both a Democratic controlled US Senate and US House (at the time), taking full effect, coupled with the Quantitative Easing by the US Fed, the US unemployment rate declined sharply from 10.0% in October 2009 to 6.3% in the most recently reported April 2014.
In like manner, New York's unemployment rate increased sharply, going from 4.7% in December 2007 to 8.8% in October 2009. And then with the US economic stimulating actions of the Obama Administration, supported by both a Democratic controlled US Senate and US House (at the time), going full throttle, coupled with the Quantitative Easing by the US Fed, the New York State unemployment rate declined markedly, going from 8.8% in October 2009 to 6.7% in the most recently reported April 2014.
Below here are the stock market prices of each of these 95 New York Financial Companies on May 13, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
New York Company | HQs | 5-13-14 | 3-6-09 | 12-31-07 | 5-13-14 | 3-6-09 | |
$s | $s | $s | |||||
Financial Companies | |||||||
Newcastle Investment Corp | New York | NY | 4.66 | 0.15 | 6.08 | 2912% | -97% |
iStar | New York | NY | 14.46 | 1.09 | 26.05 | 1227% | -96% |
SL Green Realty | New York | NY | 108.40 | 8.69 | 93.46 | 1147% | -91% |
JW Mays | Brooklyn | NY | 49.74 | 4.20 | 22.15 | 1084% | -81% |
NorthStar Realty Finance | New York | NY | 15.68 | 1.39 | 8.92 | 1028% | -84% |
XL Group | New York | NY | 32.57 | 2.95 | 50.31 | 1004% | -94% |
Arbor Realty Trust | Uniondale | NY | 7.13 | 0.65 | 16.11 | 997% | -96% |
Gramercy Property Trust | New York | NY | 5.21 | 0.51 | 24.31 | 922% | -98% |
One Liberty Properties | Great Neck | NY | 21.84 | 2.39 | 16.16 | 813% | -85% |
American Express | New York | NY | 89.09 | 10.26 | 52.02 | 768% | -80% |
MarketAxess Holdings | New York | NY | 54.66 | 7.05 | 12.83 | 675% | -45% |
American Intl Group | New York | NY | 53.96 | 7.00 | 1,166.00 | 671% | -99% |
AmTrust Financial Services | New York | NY | 43.90 | 5.88 | 11.38 | 647% | -48% |
Assured Guaranty Ltd | New York | NY | 25.26 | 3.65 | 26.54 | 592% | -86% |
CIFC Corp | New York | NY | 8.16 | 1.24 | 8.00 | 558% | -85% |
Fortress Investment Group | New York | NY | 7.03 | 1.08 | 15.58 | 551% | -93% |
Financial Institutions | Warsaw | NY | 23.61 | 3.95 | 17.82 | 498% | -78% |
KCAP Financial Inc | New York | NY | 7.94 | 1.39 | 12.00 | 471% | -88% |
Lexington Realty Trust | New York | NY | 11.27 | 1.99 | 12.88 | 465% | -85% |
Signature Bank | New York | NY | 115.97 | 20.57 | 33.75 | 464% | -39% |
Pzena Investment Management | New York | NY | 9.96 | 1.79 | 11.40 | 456% | -84% |
Evercore Partners Inc | New York | NY | 58.50 | 10.71 | 21.55 | 446% | -50% |
MasterCard | Purchase | NY | 74.83 | 14.24 | 21.52 | 425% | -34% |
Primus Guaranty Ltd | New York | NY | 8.07 | 1.54 | 7.01 | 424% | -78% |
Moody's | New York | NY | 83.24 | 16.04 | 35.70 | 419% | -55% |
The Blackstone Group LP | New York | NY | 29.45 | 5.93 | 22.13 | 397% | -73% |
MBIA Inc | Armonk | NY | 12.24 | 2.53 | 18.63 | 384% | -86% |
Cohen & Steers | New York | NY | 41.00 | 8.51 | 29.97 | 382% | -72% |
Icahn Enterprises LP | New York | NY | 101.44 | 21.97 | 129.72 | 362% | -83% |
Citigroup | New York | NY | 47.42 | 10.30 | 294.40 | 360% | -97% |
McGraw Hill Financial | New York | NY | 79.10 | 17.64 | 43.81 | 348% | -60% |
BGC Partners | New York | NY | 7.34 | 1.66 | 11.30 | 342% | -85% |
Sovran Self Storage | Williamsville | NY | 75.01 | 17.10 | 40.10 | 339% | -57% |
MetLife | New York | NY | 52.02 | 12.22 | 61.62 | 326% | -80% |
Flushing Financial | Lake Success | NY | 20.06 | 4.72 | 16.05 | 325% | -71% |
Assurant | New York | NY | 68.45 | 17.19 | 66.90 | 298% | -74% |
M&T Bank | Buffalo | NY | 121.97 | 31.85 | 81.57 | 283% | -61% |
Arch Capital Group | New York | NY | 57.27 | 15.93 | 23.45 | 260% | -32% |
Vornado Realty Trust | New York | NY | 105.23 | 29.31 | 87.95 | 259% | -67% |
E*TRADE Financial | New York | NY | 21.46 | 6.10 | 35.50 | 252% | -83% |
JPMorgan Chase | New York | NY | 54.62 | 15.93 | 43.65 | 243% | -64% |
WP Carey | New York | NY | 61.15 | 18.02 | 33.20 | 239% | -46% |
Oppenheimer Holdings | New York | NY | 23.41 | 7.13 | 42.35 | 228% | -83% |
BlackRock | New York | NY | 302.96 | 92.40 | 216.80 | 228% | -57% |
Mesabi Trust | New York | NY | 19.54 | 5.97 | 20.72 | 227% | -71% |
Kimco Realty | New Hyde Park | NY | 22.73 | 7.01 | 36.40 | 224% | -81% |
BlackRock Kelso Capital | New York | NY | 8.58 | 2.72 | 15.28 | 215% | -82% |
Acadia Realty Trust | White Plains | NY | 27.63 | 8.90 | 25.61 | 210% | -65% |
Medallion Financial | New York | NY | 14.10 | 4.57 | 10.02 | 209% | -54% |
GAMCO Investors | Rye | NY | 79.38 | 26.62 | 69.20 | 198% | -62% |
Apollo Investment Corp | New York | NY | 7.95 | 2.71 | 17.05 | 193% | -84% |
Blackstone Mortgage Trust | New York | ny | 28.83 | 10.10 | 306.50 | 185% | -97% |
BRT Realty Trust | Great Neck | NY | 7.18 | 2.59 | 12.64 | 178% | -80% |
Travelers | New York | NY | 92.91 | 34.44 | 53.80 | 170% | -36% |
Marsh & McLennan | New York | NY | 49.05 | 18.33 | 26.47 | 168% | -31% |
Community Bank System | DeWitt | NY | 36.77 | 13.93 | 19.87 | 164% | -30% |
Resource Capital Corp | New York | NY | 5.41 | 2.07 | 9.31 | 161% | -78% |
Broadridge Financial Solutions | Lake Success | NY | 39.78 | 16.03 | 22.43 | 148% | -29% |
INTL FCStone | New York | NY | 18.93 | 7.63 | 26.99 | 148% | -72% |
Greene County Bancorp | Catskill | NY | 25.82 | 10.43 | 12.05 | 147% | -13% |
Home Properties | Rochester | NY | 61.55 | 25.36 | 44.85 | 143% | -43% |
Loews | New York | NY | 43.28 | 18.13 | 50.34 | 139% | -64% |
Lazard Ltd | New York | NY | 50.08 | 21.34 | 40.68 | 135% | -48% |
Och-Ziff Capital Management | New York | NY | 12.70 | 5.56 | 26.28 | 128% | -79% |
AllianceBernstein Holding LP | New York | NY | 24.08 | 10.75 | 75.25 | 124% | -86% |
Astoria Financial | Lake Success | NY | 13.25 | 6.20 | 23.27 | 114% | -73% |
Central Securities Corp | New York | NY | 22.33 | 10.52 | 26.84 | 112% | -61% |
Goldman Sachs | New York | NY | 160.28 | 75.65 | 215.05 | 112% | -65% |
Dime Community Bancshares | Brooklyn | NY | 15.74 | 7.43 | 12.77 | 112% | -42% |
Berkshire Bancorp | New York | NY | 7.50 | 3.76 | 16.01 | 99% | -77% |
The First of Long Island | Glen Head | NY | 38.35 | 19.90 | 18.55 | 93% | 7% |
New York Community Bancorp | Westbury | NY | 15.28 | 7.99 | 17.58 | 91% | -55% |
Bank New York Mellon | New York | NY | 34.86 | 18.25 | 48.76 | 91% | -63% |
Nasdaq OMX Group | New York | NY | 36.51 | 19.29 | 49.49 | 89% | -61% |
Cedar Realty Trust | Port Washington | NY | 6.18 | 3.32 | 10.23 | 86% | -68% |
Morgan Stanley | New York | NY | 30.33 | 17.18 | 53.11 | 77% | -68% |
Chemung Financial | Elmira | NY | 28.00 | 16.00 | 28.05 | 75% | -43% |
Alleghany | New York | NY | 420.02 | 253.63 | 402.00 | 66% | -37% |
Tompkins Financial | Ithaca | NY | 47.02 | 29.55 | 35.27 | 59% | -16% |
MFA Financial | New York | NY | 8.02 | 5.32 | 9.25 | 51% | -42% |
Prospect Capital | New York | NY | 9.81 | 6.58 | 13.05 | 49% | -50% |
Sterling Bancorp | Montebello | NY | 11.50 | 7.73 | 12.92 | 49% | -40% |
NBT Bancorp | Norwich | NY | 22.77 | 16.04 | 22.82 | 42% | -30% |
Arrow Financial | Glen Falls | NY | 25.60 | 18.11 | 18.90 | 41% | -4% |
Getty Realty | Jericho | NY | 19.76 | 14.30 | 26.68 | 38% | -46% |
TrustCo Bank | Glenville | NY | 6.73 | 4.93 | 9.92 | 37% | -50% |
Bridge Bancorp | Bridgehampton | NY | 24.11 | 18.45 | 24.30 | 31% | -24% |
Chimera Investment Corp | New York | NY | 3.06 | 2.50 | 17.88 | 22% | -86% |
Cowen Group | New York | NY | 4.14 | 3.74 | 9.51 | 11% | -61% |
Investment Technology Group | New York | NY | 18.90 | 17.60 | 47.59 | 7% | -63% |
Suffolk Bancorp | Riverhead | NY | 21.69 | 21.41 | 30.71 | 1% | -30% |
Greenhill & Co | New York | NY | 52.23 | 57.47 | 66.48 | -9% | -14% |
Annaly Capital Management | New York | NY | 11.53 | 12.88 | 18.18 | -10% | -29% |
First Niagara Financial | Buffalo | NY | 8.81 | 9.87 | 12.04 | -11% | -18% |
Value Line | New York | NY | 13.66 | 26.92 | 40.72 | -49% | -34% |
Average % Change all 95 | 323% | -62% |