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Bank Earnings Rorschach; Geithner Postscript

Breaking News This Morning ...

Earnings: SunTrust, Morgan Stanley, General Electric Receiving Wide Coverage ...

Earnings Rorschach: Headlines foregrounded the relentless barrage of legal costs at Bank of America and Citigroup after their quarterly reports yesterday — "Citi and BofA fail to dispel concerns" in FT and "Mortgage Crisis Lingers On at Citigroup and Bank of America" in the Times. The Journal contrasted the pair's results with midsize banks like BB&T and Fifth Third: "a regionally diverse group…

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