"It does not hold water and the people who are putting out these warnings have no credibility."

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Unemployment rate continues to rise.
Home prices continue to drop.
Bankrupt GM and Chrysler - plus the parts makers plus the dealerships.

Just where is there an indication that bank earnings have any
way of increasing this year? Loses are just beginning to be recognized
and debts get pais off only through growth in the economy.

Howie52
IMHO The banking problems may not be resolved for years.
If a bank is capable of surviving, there may be justification to buy
the stock if you have a ten year outlook or more.