David Dreman: Postcrisis Bank Stocks

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May 30, 2008
David Dreman Forbes column: "The good news is that the worst of the liquidity crisis seems to be over. After a slow start the Federal Reserve Board under Chairman Ben S. Bernanke has done an outstanding job containing the panic in the financial system and dispelling the fear of a total meltdown."


"The Fed's most controversial move, its guarantee of $29 billion of Bear Stearns assets as jpmorgan took over that company's business, prevented a possible freeze in the derivatives market that could have resulted in a brokerage and bank holiday like that of 1933."


Buy Regions Financial (nyse: RF - news - people ) (19, RF ), Citizens Republic Bancorp (nasdaq: CRBC - news - people ) (6, CRBC ), UCBH Holdings (6, UCBH ).


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