Some analysts and portfolio managers are bettting that the second half of 2008 will be equally painful as the first two quarters for the financial services sector.Looking for work on the streetMore VideosNEW YORK (CNNMoney.com) -- By most measures, the first half of 2008 was downright dreadful for most banks and securities firms.It was a period marked by billions of dollars of writedowns, dividend cuts and management shakeups at some of the nation's largest financial services firms.
Shares of commercial banks plunged. So far this year, the KBW Bank Index is down 33%.
And to top it all off, there was the dramatic near-collapse of Bear Stearns in March, which only stoked investor nervousness about the sector.
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