"Let's talk about, not the elephant in the room, but the two woolly mammoths stalking your house: Citigroup (C) and Goldman Sachs (GS). First, Citigroup is the original black hole, but it's the company that squawked the loudest when I called it a black hole many months ago. Here's a company clearly too big to fail that the FDIC tried to save with a Wachovia (WB) betrayal, that has been the benefit of considerable largesse of the Treasury -- no more than others, but I bet they wish they could have singled out Citigroup for more money -- that seems as technically insolvent as it was in 1990. Of course we got the big insider buying yesterday, which is supposed to instill confidence. But Bob Steel bought a ton of Wachovia, so I am no longer using that as a judgment. Citigroup needed radical surgery and a gigantic capital raise. I bet it needs a special program from Treasury, which it will get, of course. But it sure is hard to be bullish with this stock getting hammered and the insider-buying respite lasting all of a few minutes. The other one, Goldman Sachs, is in some ways is more problematic, because if Citigroup is F Troop, Goldman Sachs is the 82nd Airborne. No losses, fabulous track record, a company widely presumed -- until now -- to have a true book value which is now almost 50% higher than it is now. The endorsement of Warren Buffett still means something, although the shorts are swarming, and Doug Kass sure has a bead on it. When you hear "Is Goldman in trouble?" the tendency is to give up, just give up, as in, "If Goldman is in trouble, then what are we supposed to think about Morgan Stanley (MS) or Citigroup or Bank of America (BAC) or any of the other banks that took TARP money? For me, this wooly mammoth is particularly damaging psychologically, as investing is a confidence game. I have said over and over to many people that I can't believe Goldman is "really" in trouble, and maybe it isn't, but the losses have been so horrendous already, who can possibly think that things aren't hugely awry? And I don't mean just a $2 loss/hit to book value. I mean something earth-shaking. These two stocks are the biggest problems in this market other than the automakers. They are going to have to be righted before any serious advance can occur in this tape."

From a recent Mad Money show:"I don't like coal under Obama. I want you to scale out of anything coal. "

From a recent Mad Money show:"I am shocked this one yields 5%. That's why I'm recommending Kinder Morgan (KMP) which yields 8% and is a better run company."

From a recent Mad Money show:"As long as you realize you're speculating, I'll endorse that one. But I think Verizon (VZ) and AT&T (T) make more sense and are not speculative."

From a recent Mad Money show:"I wasn't crazy about the quarter, but I do think it's an Obama play."

From a recent Mad Money show:"I own this one for my trust. It's down from $120 and it's the only mineral stock I'm recommending right now."

From a recent Mad Money show:"I know they just had a competitor go under, but it worries me. Let's ring the register there."

From a recent Mad Money show:"I think their CEO is doing his best, but as it goes higher, you need to trim that position. The competition in that business is just too great."