These Banks Are Worth Saving

As many larger players sweat the details of the next phase of the government's bailout efforts, several regional banks that have better weathered the storm look more worthy of saving.

Investors in giants Citigroup(C Quote) and Bank of America(BAC Quote) will hang on every word Tuesday, when Treasury Secretary Timothy Geithner is expected to unveil the Obama administration's plans to shore up the banking system. Both banks sold $45 billion stakes to the government and received billions of dollars more in guarantees on bad assets, allowing them to potentially benefit greatly

Many regional banks, however, haven't made the bad decisions that led to Citi or BofA receiving the government's ample help. They were conservative and steady. Save them. Ditch the losers. ...