They All Fall Dow - Fast Money Recap (6/2/08)

Recap of CNBC's Fast Money, Monday June 2. Click on a stock ticker for more analysis.


<!---->

Down Time: Wachovia (WB), Goldman Sachs (GS) and Citigroup (C), KeyCorp (KEY), Bank of New York Mellon (BK)

On news Lehman Brothers, Morgan Stanley and Merrill Lynch were downgraded and Wachovia’s Chief KevinThompson was dismissed, financials and the Dow faltered. Jeff Macke said when the S&P 500 didn’t surpass 1400, it sold off. Jeff Macke would by GS at $150 and Citi at $20. Pete Najarian is concerned about BK and KEY and discussed unusual options volume in the stocks.