JPM

Once again 2009 witnessed record bonuses on Wall Street including the big winners Goldman Sachs (NYSE:GS), JPMorgan (NYSE:JPM), and Bank of America (NYSE:BAC).

Bank of America Corp. (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM) and Wells Fargo & Co. (NYSE:WFC) have already paid up, returning more than $180 billion in bailout funds. Former Treasury Secretary Henry Paulson is on mission to get the U.S. government repaid in full for the funds it put into the country’s lenders.

Bad news for Bank of America (NYSE:BAC) and JPMorgan Chase (NYSE:JPM), they are going to feel the pain to the tune of billions of dollars thanks to the delinquent loans of Freddie Mac (NYSE:FRE) and Fannie Mae (NYSE:FNM).

Big banks may be the biggest losers for 2010, and we are talking the big names like Citigroup Inc. (NYSE:C), Bank of America Corporation (NYSE:BAC) and JPMorgan Chase & Co. (NYSE:JPM). 

President Obama's plan is not going over well with Wall Street, the selling is just getting started with JP Morgan (NYSE:JPM), Bank of America (NYSE:BAC) and Morgan Stanley (NYSE:MS) all falling close to 5%.

Sirius XM Radio Inc. (NASDAQ:SIRI) shares are finally back above 70 Cents, a feat not performed since late last summer.  The bullish case for SIRI may have just begun.

Today was all about JPMorgan Chase (NYSE:JPM) disappointing the Street as the Dow Jones Ind. fell 100 points, one of today's biggest losers was Brasil Telecom SA (ADR) (NYSE:BTM), its shares fell 10.9% to end the day at $25.42.

Going into the 3 PM hour General Electric (NYSE:GE) has already traded 152 million shares giving the usual volume leader Citigroup (NYSE:C) a run for its money.

It seems big banks in the likes of Citigroup Inc. (NYSE:C), Bank of America Corporation (NYSE:BAC) and JPMorgan Chase & Co. (NYSE:JPM) have received a reprieve from none other than the almighty Federal Deposit Insurance Corp. 

JPMorgan Chase & Co. (NYSE:JPM) projects a 30% growth in emerging markets for 2010, versus a 15% return for developed market equities.