bancorp. thank you so much. >> thank you so much.ike to say, happy mother's day, mom. >> thank you. that's very sweet. >> remember your mom. good guy. good boy. >> with jpmorgan front and center, we've been asking folks on twitter whether they are on the cusp of another banking crisis. here are some of the responses we've gotten so far. jack briggs tweeted, i don't know if it ever ended. this is captain j.schumann. we are on the verge of a crisis for the banks. continue to sends your comments. we'll reveal more later in the show. >>> oh, just a few minutes before the "closing bell." dow jones industrial average drifting lower all throughout the day. nasdaq, the same situation. dow is down a little more than 1% for the week. surging auto sales, consumer sentiment is climbing higher. would another flip with the banks bust our recovery? that's next. greensboro >>> jpmorgan overshadowing good news today, nissan soaring on strong demands for autos. >> and our next guest says that's going to win out over the bad news in the banking sector

bancorp, they all closed the day nicely higher by like a percent a piece. do we make that differentiation? these are the less complicated banks out there. >> 100%. that's what i am alluding to. how do they make money? they will be pressured on the best mechanisms that they have to make profits. you obviously have to say okay, this is a concern for everybody who makes money that way and everybody is in conventional lines of banking and they will be better bets. you will see a natural migration of risk assets from one type to another. it's not likely to sit there and say we should be allowed to do this business and here's why. it's hard for them to make that. >> to your point, it was by 10:30 in the morning when jpmorgan was making new lows. wells fargo was the largest and it doesn't have the same issues that big money would have. >> to that point, jamie dimon said what they did would not have violated the rule. i don't know how any regulation speaks to regulation and said that jpmorgan is like goldman sachs. >> sounds like you would be willing to take a flye

us bancorp is a company that delive quaerin quarter out. the mortgage business is strong right now. net interest margin is improving. this is a company that takes and deposits and makes loans. it's very old-fashioned banking but usb is one of the best ones at it. >> susie: okay. i've got to ask you about jpmorgan. so the stock is down 13% just since last thursday. at $35, is this a buy? >> well, it's funny, when i went back and looked at the chart, i remember back in 2002, 2003, jpmorgan was trading around $15 a share. one of the reasons why you bought the stock then was the dividend yield jpmorgan was yieldinglmost 6%. and you thought the dividend was safe. i look at the dividend now t is only 3.3%. just because the stock has come down a lot, doesn't mean it's cheap. doesn't mean it's a good time to buy it i want to see catalysts. >> susie: real quickly if a word or two, you say wells fargo is best in breed among the bank stocks, why do you like it in just a few words. >> wells fargo a great operator. very simple bank. doesn't have again these exotic businesses. it is going to gene

well, governor brian swits z zer -- schweitzer and his lieutenant governor made a law to bancorp r corporatending government, and they say that the corporate spending to buy elections has to stop. tell us how you and the lieutenant governor have the power to challenge this awful new supreme court ruling that has really dirtied up the politics? >> well, we have the power, because we are citizens of the united states of america and we have the power, because in montana we have initiative 166 and stand with montanians and we are saying that corporations are not people, and they are not allowed to bribe their way into the state capital or i guess even in washington, d.c. there is something really perverse about this. in 1977 congress said that the corrupt foreign practices act made it unlawful to bribe politicians in other countries, but now they are saying that a they can bride them in the united states, so we have a monopoly on bribery here in the country, and what is that saying to the rest of the world? corporations spend money in elections to get something. they get something which is lower

bancorp and it would help the competitive atmosphere in the market it would definitely help to turn those assets back into. useful assets or could generate employment generate growth in the economy but the politicians are so cowardly and so craven and they're bought off to you we need to say that that they don't want to go into these institutions even though they have the legal power now and restructure them so we're just going to muddle along you have more than half of the banking assets in the u.s. basically locked up inside the zombies so that means the economy is going to drag all right chris whalen right of time thanks for being on the kaiser report my pleasure thank you max all right that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert and with my guest chris whalen going to send me an e-mail please do so at kaiser report r t t v dot ru until next time x. guys are saying about. you know some. if you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize

bancorp, which my charitable trust owns. they reported fine quarters and they're not doing this crazy stuff. they're not over there in europe taking big risks. if fannie mae is turning a profit, it's the worst of all housing-related companies, almost designed to lose money, some say it is. well, anything good can happen in housing. you also need insurance, and that's one of the reasons travelers has been hitting new highs, but it remains incredibly cheap. the cheapest in the group, perhaps. well, there are some others, let's just say what's cheapest financial in the dow. of course you need a nice lawn and garden, too. how about scott's miracle grow. last night ceo jim hagedorn came on the show. he explained the expectations got too high for the company and that's why it got killed. now i think they're too low given that may's been incredibly strong so far for the most trusted name in the lawn and garden business, although this weekend will be the biggest of the year. you need furniture and that's ethan allen. but don't forge

bancorp and wells fargo, but i had to warm up to them because the employment was coming back. i held my nose and told you to buy. even though i said i don't like the bank group. it worked even though i was blasted for flip-flopping on the bank group. i'd leave the show and go to twitter @jimcramer and there it was. i mean, look, at certain prices, can't hate. when it comes to higher quality stocks, it's harder to find situations where something that doesn't interest you becomes worth buying because the price is right simply because there are times when it won't get hit that hard. but if you keep your eyes peeled for companies raising money through equity offerings, it doesn't take much effort in an environment where so many try to raise capital through secondaries. i'm finding this right now in some of the european situations. you can often find great deals on merchandise you never would've looked at once let alone twice. these deals happen all the time. and i try to get you attuned to them on the show you can pounce when they come up. just in terms of price on the same day. o

bancorp, by far heads and shoulders above. >> none of us can make heads or tails of this reduction. we don't know the true bodies that could be buried here. you want to look at it technically. it's right at its 100 day. so it's already pierced a bunch of other moving averages. at this point, i'd stay abway from the name. this stock got down to $5. if this got down to $5, would you give in? >> sure. on these dips, michelle, i think you do that. as guy says, usb, one of the best managed. i know warren buffett likes that. we know he likes wells fargo putting his money where his mouth is. he's a big stake holder there. i think wells fargo could see the same sort of pressure that bank of america is seeing right here. i'd kind of back off on both. >> coming up on the halftime report, are there buying opportunities amid the sell-off? our traders are naming names. don't move. >>> all right. what are the buying opportunities in the sell-off? grasso, you're going shopping today. >> you want to limit your european exposure. you look at a lot of these names, the ones with the biggest european e