Financial Sector Winners and Losers: Dimon, Callan Up; Pandit Down

Bankstocks.com hereby inaugurates a new weekly feature--the financial services industry’s winners and losers from the week just past. Our first attempt:

Winners

Jamie Dimon. Are you sure there’s no federal law against stealing? Jamie gets Bear Stearns (BSC) for basically nothing, and then convinces the Fed to guarantee against up to $30 billion in losses. If deals were game shows, the guy would be Bob Barker on steroids.

Erin Callan. After the Bear debacle, the market was sure Lehman (LEH) would be next. Then on Monday, Lehman’s CFO told ’em all to snap out of it. They did! Pow, the stock gained roughly $10 billion in market cap. Not bad for one little conference call.

George Bailey. Thornburg (TMA) . . . CIT (C). . . Carlyle Capital. There seems to be no end to the Pffft List. Maybe there’s something to this gather-deposits-and-lend-’em-to-people-you-can-vouch-for thing, after all. . . .

Losers

Jimmy Cayne. Bear’s stock falls from 171 to 4 while Jimmy plays bridge in Detroit. And Bear employees are ticked off at Jamie?

Vik Pandit. Citi (C) now third largest U.S. bank by market cap, and sinking fast. Pandit engaged in the obligatory new-CEO’s top-to-bottom business review (Citi’s second in the past year, if memory serves). What nuances will this go-round turn up that management doesn’t know about already? Solution to Citi problem is obvious. It starts with a “B” and ends with a “reakup.”

Melvyn Weiss. Up to 33 months. Ouch. . .

Who will be this week’s winners and losers? Send us your nominees.