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Kass: I'm Putting My Money in the Banks

Stock quotes in this article: BAC , C , WFC  

This blog post originally appeared on RealMoney Silver on May 29 at 11:08 a.m. EDT.

I have been an outspoken bear on bank stocks since 2005. (Just ask Jim "El Capitan" Cramer!)

In the 2005-2007 interim, I was short many of the major money center banks as well as the mortgage and bond insurers, government-sponsored enterprises and other specialty financials.

I got it right when such a position was not popular, and, significantly (for a change!), I was right for the right reasons. ...

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