"We've decided that [the big banks] are bad," Chris Whalen says, "but the banks that don't have...

|By:, SA News Editor

"We've decided that [the big banks] are bad," Chris Whalen says, "but the banks that don't have trading books are going to trade off too." So he sees opportunity in banks who "don't depend on sales trading to make their earnings number." Examples: US Bancorp (USB), BB&T (BBT).