“We have a crisis in regional banks, a bad one. We have a bunch of banks with their bonds trading in the 50s -- that's right, the 50s -- which has me very concerned, and should have the FDIC concerned, too, if they look at such things, because they are great measures of who is about to be in trouble next, or is in trouble now. That's why it is really important that Key (KEY), Sovereign (SOV), Regions (RF), First Horizon (FHN), Fifth Third (FITB), Comerica (CMA) and Nat City (NCC) all go to TARP as soon as it is open for business. I hope these banks don't say, "We don't like the stigma." I hope they don't say, "This is a wait-and-see situation." I hope they take their whole loans, their bad whole loans, both fixed and floating, and get them off the books. They will be able to survive and even thrive, even with stock given to the government. These are the kinds of companies that TARP is made for. I don't know their CDO exposure, but I know they are loaded to the gills with problem mortgages, and TARP is truly their only hope. Once they sell the bad loans, they can be bought by a Goldman (GS) or a Morgan Stanley (MS) that needs deposits, or they can go it alone. That's just terrific. It is one of the first good things that could come of this deal, and it needs to be done tomorrow when TARP starts.

From a recent Mad Money show: "No, no, no. Industrial companies without a great yield are a sell in this market."

From a recent Mad Money show: "No, once the momentum breaks there is nothing there. All of the fertilizer stocks are a sell here."

From a recent Mad Money show: "No, I'm not going there. That's a blank check company. No one knows what's there. I'm not touching it."

From a recent Mad Money show: "Visa is an interesting story. I said to sell American Express (AXP) but I still like Visa."

From a recent Mad Money show: "This is a very controversial stock, it's a total battleground. It's too hard to me; I'm staying away."

From a recent Mad Money show: "I like Diageo. It now yields 5%. I think that high end liquor sales will be good in two years. That's my kind of stock."

From a recent Mad Money show: "I'm trying to get my arms around this one, but I don't want to touch it. I think Starbucks (SBUX) is a better value down at this level."