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We Can Go Lower

By Jim Cramer

 About this article:
 I am done saying which banks will go under. I am now simply looking at the tape, and the ones that are down a lot on a percentage basis are now the ones that are next. The tape has been telling you the truth all the way down since the Washington Mutual seizing, and I don't think it can be bucked anymore. What we need now, quickly, is to get the FDIC engaged to insure more than $1 million for individuals and much larger for corporations. We need to set up a superbank holding company for the assets through the FDIC, because we aren't going to get it through Congress. And then we will just suffer the consequences. Yep, it is that bad. No doubt there are a large number of stocks out there that make sense to own, but given the nature of the end of...

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