True enough. That is why I would recommend KRE over KBE.
Of the big banks, I think US Bank has the least exposure to the craziness (I have no numbers to back that up though). They haven't made any dramatic writedowns yet. Citigroup and BAC have had to make large writedowns already. I don't think the writedowns are the end of the world, but I prefer US Bank to the other two.
I bank at US Bank. My mortgage is there. They are making decent money off of me, and none of their marketing offers are extremely stupid. They seem to be pretty careful. The .75% of recent rate cuts should improve their earnings a little bit.
 Quote:
Originally Posted by Texas Proud
Someone else had an article that Prince is going to resign this weekend... guess some other heads are rolling...
Hamlet... the biggest banks in 'general' are also huge investment banks... but there are some investment banks that are only investment banks...
If you do not want to own investment banks you need to get down to the regionals... and then hope they are not bought by one of the big ones..
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