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TARP Could Cover the Regional Banks

By Jim Cramer

 About this article:
 We have a crisis in regional banks, a bad one. We have a bunch of banks with their bonds trading in the 50s -- that's right, the 50s -- which has me very concerned, and should have the FDIC concerned, too, if they look at such things, because they are great measures of who is about to be in trouble next, or is in trouble now. That's why it is really important that Key , Sovereign , Regions , First Horizon , Fifth Third , Comerica and Nat City all go to TARP as soon as it is open for business. I hope these banks don't say, "We don't like the stigma." I hope they don't say, "This is a wait-and-see situation." I hope they take their whole loans, their bad whole loans, both fixed and floating, and get them off the books. They will...

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