bancorp and t bank y do these stand out for you? >> well, key bank would be my top pick here. first of all they buck the earnings trend. they saw net interest margin increase in the quarter. they've got loan growth that is over 5% which is industry leading and in addition they've got a restructuring program i just talked about cost. they're going to cut 150 to 200 milliocost over the next year. management reiterate theted are on track to do that and it trades at a discount to its tangible book value which is how most analysts vals u this company. now u.s. bancorp on the other hand is more pensionive stock. but they are moreco consistent performer. they have seen significant loan growth for some period now. uld that could, s continue. and they have a very strong balance sheet which mean these have a great capital positiou and industry lead be return on equity which means they're returning cash to shareholders, so even if you buy it here where the stock maybe isn't priced cheaply, you still can make your money in the longerm. >> all right. very interesting stuff. do you have any

bancorp on the other hand is more pensionive stock. but they are more consistent performer. they have seen significant loan growth for some period now. nd that could, should continue. and they have a very strong balance sheet which mean these have a great capital position. and industry lead be return on equity which means they're returning cash to shareholders, so even if you buy it here where the stock maybe isn't priced cheaply, you still can make your money in the long-term. >> all right. very interesting stuff. do you have any disclosures to make on any of these stocks we discussed? >> i do not. i own neither, none of them. >> okay. all right. good. thanks a lot. lindsey bell from tstre.com after the financial crisis, and its bank bailouts, tonight's commentator says main street's perception of wall street hasn't changed. here's wall street journal columnist simon constable. >> something has vanished from mainstreet. its trust in wall street. as a result small investors are dumping stocks. in fact, even as the stock market has soared close to record highs, mutual and exc

bancorp. i was reading a statistic today. since he took over, has not posted a quarterly loss since 2006, which says a lot, richard, when you consider the financial crisis we went through that whole time. so props to you on that whole thing. this quarter, though -- >> thank you, bill. >> good numbers, and we attribute a lot of that to the mortgage industry, don't we? >> it certainly helped. first of all, thank you for having me. hi, maria. bill, i think for us this quarter was another consistent repeat of a quarter. we've been doing this 12 quarters in a row now with double-digit increases year over year. mortgage certainly helped a lot because the market with low interest rates is very interested in continuing to refi. over the course of time, rates will eventually go up, refis will come down, and we'll find other ways to be successful. >> where are you seeing the mortgage activity? we saw the housing numbers today. a lot of people are excited thinking the housing market has peaked. is this activity largely refinancing and n

bancorp or heath. take a romney kicker any day of the week.hroughout the night romney repeatedly claimed he was the real friend of small business. even as we know saying something bad about small business has become new third rail of american politics. this comment is typical. >> there's a survey done of small businesses across the country. said what's been the effect of obama care on your hiring plans? and three quarters of them said it makes us less likely to hire people. >> all right. let's take him at face value for a moment. small business truly gets a boost if you elect romney, you need paychecks. the company's growth is in the hands of small business expansion. obama bears take note. you might be tempted to short paychecks on the democratic victory. but remember, you have to pay that bountiful dividend if you short the stock. along the same lines, romney claimed that obama's poll advise causing an increase in the use of food stamps. >> the proof of that is one out of six people in poverty. the proof of that is we've gone from 32 million

bancorp which has a decent sized window into that. the housing thing is going to be important.thing working right now besides autos in this economy. hopefully that continues. >> weiss, if it's all about housing, then wells fargo being one of the most important, what about citi? highly leveraged to the u.s. housing market. is that maybe the one? you guys haven't discussed it. that has the most upside at this point? >> i'm just not a big fan of citi because i'm not a huge fan of their management. i'm in b of a. i think that's got great upside. below book. cheaper on a book basis. stock's done well. i think you play any -- we heard jamie dimon talk about how he's not giving up on spain. the opportunities they're starting to mine over there from the reduced exposure of the european banks is going to be huge. go with multinationals with the best management. that continues to be jpmorgan. >> murphy, you'll hear from goldman sacs. what about goldman here? capital markets have improved. no denying that. where does goldman figure in all of this? >> i think it's one of the names you want

we'll hear from black rock ceo larry fishg ank and the ceo of bancorp, richard davis.e'll ask about the big changes in citigroup and their take on that. >>> s&p's chief global economist tells us why he thinks there are three major headwinds for the markets and why there's almost no room for error when it comes to dealing with those issues. we'll see you at the top of the hour from the new york stock exchange. >>> well, coal was a hot debate topic last night with president obama blasting mitt romney's record on coal. >> governor, when you were governor of massachusetts you stood in front after coal plant and pointed at it and said, this plant kills. and took great pride in shutting it down. and now suddenly you're a big champion of coal. >> so what is romney's record on coal? joining us now, beth daily, environmental reporter for "the boston globe." beth, thank you very much for joining us to try and set this record straight. is it fair to say that he wasn't necessarily against coal per se, he was just for regulated coal. is that right? >> exactly. exactly. romney durin

>> jpmorgan is still strong, i like the regional banks, texas capital bancorp, tcbi. >> are they still cheap given the moves they've had?y region stretched and a component longer term m&a activity and premium priced based just on acquiring the originals. >> you'll get another pop in the market when spain comes, hits their knees and asks for a bailout, and then you'll turn to next year and say you know what? austerity does hurt. the market is going to be doing nothing for next year. this year you buy the financials, derisked from the ecb, derisked from bernanke. we've heard jpmorgan talked today. >> has it hurt from the interest rate environment that we live in, which hurts the banks? >> yes, it has, because everybody knows that. so you'll get some more loan growth. i like aig. >> but as well as fargo surprised us with how bad the environment is from a net interest margin which plays directly into lower interest rates. >> you made money in wells fargo and made money in jpmorgan. what happened was expectations over the last month or so exceeded what reality was going to be, now is the ti

active chairman and he was in i think with pandit every day and when you look at o'neill's record of bancorp of hawaii from 2000 to 2004 he shrunk it by over 0% and took roe from 9 to 23% in that time period. his role is in my view is to bring the size of citi down and reallocate capital to shareholders driven by roe and i don't believe pandit wanted to go down that path. >> that's your premise or thesis as to why the stock doubles from here? >> i think over the next two to three years as they execute on that strategy and deliver that we're only going to keep profitable businesses that deliver roes over 13%, absolutely, and then we buy back our stock and raise the dividend. >> jim, as a shareholder, you like that strategy? >> do like it. i think the key, though, for citigroup is the emerging markets. we have to have strong emerging markets for this stock to perform and that's why it did poorly this summer. but we think it's coming back here and think emerging markets will come back. >> does that make -- some had thought there have been a lot of discussion and running the americas come out of

bancorp 1.7%. looking closer, rbc capital noting it was outstanding.rspective, talking about revenue and expense and credit perspective solid performance all the way around so these banks are doing well. lots of the bank doing it quite well. the dollar is lower, some major market averages, the dow down 13-point, nasdaq composite up one third of 1% and the s&p 500 pushing the upper end of a range we have seen for some time. back to you. dennis: the candidate taking the gloves off at the presidential debate. member this over mitt romney's investments in china. romney: any investments i have over the last eight years have been managed by a blind trust. and i understand they do include investments outside the united states, including in chinese companies. mr. president, have you looked at your pension? have you looked at your pension? obama: i've got to say - you know, i don't look at my pension. it's not as big as yours, so it - it doesn't take as long. romney: well, let me - let me give you - (laughter) - let me - let me give you some advice. obama: i do