
Taking Control of the Banking System

By Jim Cramer
About this article:
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The only reason for a rally would be if the government read Vikram Pandit's internal memo about how well Citigroup is doing and recognizes that banks are actually solvent and they should be treated as such.
Pandit's stunning statement that the quarter has started really well -- and remember, we're in March -- gives the bulls hope that the Treasury and the president -- please don't go Mr. Bush on us and delegate everything -- might not confiscate the bank and give it to the people of the United States because it doesn't need to.
At the end of the week there will be hearings on mark to market. Marking to market is kind of...

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