[Tuesday's 200 point stock market drop is] a correction. It’s healthy. It’s no big
thing. So what?
[I'd] buy the banks
[because they've] cleaned their act up [and have low valuations.] JPMorgan
Chase
[JPM 39.32 
-1.08 (-2.67%)
]
has a balance sheet that's like a battleship.aid. Wells
Fargo
[WFC 30.105
-0.865 (-2.79%)
]
, the same thing. Bank of America
[BAC 7.71
-0.26 (-3.26%)
]
is getting better, Citi's
[C 32.12
-1.56 (-4.63%) ]
getting better.
-1.08 (-2.67%)
]
has a balance sheet that's like a battleship.aid. Wells
Fargo
[WFC 30.105
-0.865 (-2.79%)
]
, the same thing. Bank of America
[BAC 7.71
-0.26 (-3.26%)
]
is getting better, Citi's
[C 32.12
-1.56 (-4.63%) ]
getting better.
~ Ken Langone, as appeared on CNBC
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