TheStreet.com RealMoney

Forget the Small Banks

By Jim Cramer

About this article:
Is it SunTrust ? Maybe it is Key ? How about Regions ? Maybe Huntington ? Fifth Third ? Oh, who cares? Frankly these are all small, nothing banks that you could short and probably do pretty well with, if you can borrow the shares. None of them is really important, and incredibly, all of them can easily be made delicious morsels for a JPMorgan or a U.S. Bancorp or a Wells Fargo without a lot of money spent by Treasury. But in forbearance mode, that doesn't even have to happen. If all banks "have" to raise capital, but with an amorphous deadline, why not string 'em out? Who cares? You should sell these banks, of course, but that's been the right path to take for months and still will be. The issue is consequence. And I hate to tell the bears, but none of these...

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