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Downbeat comments from analysts about banks weighed on the market.
Mr. Baker also misled stakeholders and analysts about the bank's impaired loan book, quoting inaccurate figures.
"I haven't heard anything from my analysts about that (challenge)," he said.
Additionally, Mr. Rasulo addressed concerns by some analysts about Disney's reduced stock buyback in its fiscal third quarter.
Such a refusal could have raised questions with investors and analysts about the strength of the bank.
Firms are currently giving guidance to Wall Street analysts about the profits they expect in the first quarter of 2006.
Clarke will update investors and analysts about his turnaround plan on Tuesday.
One thing that surprised analysts about Wallace voters was how young they were.
While individual investors continued to hear from Wall Street analysts about WorldCom's promising future, institutional investors started bailing out.
Nevertheless, they have raised concerns among investors and analysts about the extent to which a variety of Wall Street firms put their own interests ahead of their clients'.
Believers will smugly tell Tebow-doubters (a k a scouts, coaches, players and expert analysts) about how there's no arguing that Tebow is a winner.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com