TheStreet.com RealMoney

Banks Not to Own

By Jim Cramer

 About this article:
 This Goldman bank research piece is just awesome in its ramifications, coming right on top of the Goldman conference call where it said that one of the best lines of business is preferred issuance. The piece is a virtual hit list of banks that need to refinance: Bank of America , Citigroup , Citizens Republic Bancorp , Colonial Bancgroup , Comerica , East West Bancorp , First Horizon , Huntingon Bancshares , KeyCorp , Marshall & Ilsley (conviction sell!!) National City , Popular Inc. and South Financial . Not one of these can be owned after you read this piece. NOT ONE. They all need capital. They have been hit, and they have no choice. This piece is watershed, you have to get it. There's nothing good to be said about the ones that need capital other than they better do it right now, or it...

You have just read the beginning of a premium article from our RealMoney Service. To read the rest of this article and sign up for a FREE trial please click below.

ACCESS STORY & START A FREE 14-Day Trial
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.



Already a RealMoney subscriber? LOG IN.
Username: Page data is submitted securely.
Password:
Forgot your Password? Click here


100% Money-Back Guarantee
If you decide to subscribe and you're not completely satisfied with TheStreet.com RealMoney, just call us within the first 30 days of your subscription and we'll refund your full annual subscription price — guaranteed.




If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.