A Sensible Way to Save the Banks By Jim Cramer About this article: The Brits may be on to something again. The Brits started the stabilization of the world's financial system by buying stakes in banks, something that had to happen as a consequence of the Paulson/Geithner decision not to buy Lehman Brothers the way they bought the far more troubled AIG. Had someone other than Henry Paulson been in charge of the investments in the U.S., someone who had been less ham-handed and more able to explain why he was not ripping off the American people and snowing those who voted for TARP, we would not have the backlash that turned the American people against this program. As Steven Pearlstein pointed out in the Washington Post this morning, in a piece headlined "Unfairly Rewarding Greedy Bankers and Why It Works," we needed to do exactly what we did, which is what the Brits showed us to do, because... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200.

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