Cramer's Mad Money - Unsafe at Any Yield (3/12/09) [View article]
It is irresponsible to simply repeat a quote that "the banks are profitable". What does this mean? Profits before write-offs, profits before increasing loan loss reaserves for credit card defaults and commercial loan defaults?
Rating the Top 12 U.S. Banks - From Hidden Gems to Zombies [View article]
Martin, you leave out each banks derivative exposure and, as other readers have noted, the lack of true transparency as to bank holdings. Therefore, your analysis is deeply flawed and investors should ignore it. No one is in a position to correctly analyze a bank today due to lack of information. Any bank purchase is pure speculation with significant downside. Many analysts wrote that WFC and USB were sound investments a few months ago and their respective prices have dropped due to increased loan losses.
Cramer's Lightning Round - Who Needs Citi? (10/28/08) [View article]
Jim says Bank of America is ok, even thought they hold the second largest derivatives book in the world. Right behind JPM. As Buffett said, "the ticking time bomb!".
ETFs For Retirement [View article]
Cramer's Mad Money - Unsafe at Any Yield (3/12/09) [View article]
Rating the Top 12 U.S. Banks - From Hidden Gems to Zombies [View article]
Cramer's Lightning Round - Who Needs Citi? (10/28/08) [View article]