If you have been following the blog, you know I am rather apathetic about the sector. We have had a huge run up; however, I wouldn't be surprised to see them continue to go up. If there is one financial I had to be long, I guess it would be JPM, because I am betting on Jamie Dimon. One thing that has not been talked about is consolidation among financial institutions. During past financial struggles and bubbles, many firms have mergered or consolidated; however, it seems as if the government is trying to forestall that, by providing funds. Many argue that the plan is trying to create a quick fix for the banking sector, while leaving a long-term risk to the taxpayer and economy. This topic very debatable but being selective is my key to the financials. Below is a list of financials that are in trouble, of course in my view, due to high debt levels.
COF
RWT
SLG
FHN
ARE
JAH
HCP
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