Jim Cramer was bearish on several financial names on
"Stop Trading!" segment Friday.
Cramer blasted several banks which he does not have on his buy list. First up was
, which Cramer said was "so 1990s," and has the worst nonperforming assets. He said to go through Downey's financials because "they are daunting."
Following this, Cramer said that
Moving on to
Bank of America
Cramer said the company's acquisition of
( CFC) was a "big mistake." Cramer said that Bank of America is now the "ultimate toxic waste pit."
At the time of publication, Cramer had no positions in any of the stocks mentioned.
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