A month after the banks received billions of dollars in bailouts from the government, investors are reaping the rewards.

Here are the biggest winners, and why investors are losing faith in the markets.

Bloomberg Markets -Bain Capital -LionShares -Morgan Stanley -Morgan Keegan -Moody’s Investors Service -UBS -Vanguard -Wunderlich Investment Management -Yields are up as a share price of the big banks hit a new all-time high.

The Dow Jones Industrial Average is up 9,078 points, or 0.4%, to 18,094.96.

AAP: Wall Street’s biggest losers in the bailouts are big banks like Citigroup (C), Goldman Sachs (GS), Morgan Stanley (MS), Morgan Keegan (ME), and M&G (MG).

The Wall Street Bulletin reports that the bailed-out banks were able to recoup billions of their losses on a number of fronts, including through refinancing of toxic mortgage-backed securities and selling their exposure to troubled businesses.

But the bailout also left the big firms with significant debt obligations, which could make it more difficult to recuperate.

Citigroup was the biggest beneficiary of the bail-outs, with more than $14 trillion in assets.

The bank is also the largest shareholder of UBS, a German investment bank, and has a market value of $13.6 trillion.

Morgan Stanley and Morgan Keeggan are the other big winners, as they each lost $1.5 trillion or 14%, while the rest of the banks were wiped out.

The Dow Jones Index is up 5.2%, or 0% at 18,921.85.