"I have no interest in bank stocks these days," Jim Rogers tells CNBC. Balance sheets at banks...

|By:, SA News Editor

"I have no interest in bank stocks these days," Jim Rogers tells CNBC. Balance sheets at banks are "full of rotten stuff:" "Nobody knows what book value at BofA (BAC) is, including BofA," he says. Plus, banks need to sort out their "gigantic" problems with mortgages, and their stocks will remain in a trading range for at least five years, Rogers predicts.