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Toddo On TV: Good Bank, Bad Bank

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Markets, movers and more.

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With more bad news on the horizon for financial institutions -- $871 billion worth of bonds set to mature through 2009 --Toddo notes Bennet Sedacca classifies banks with two simple designations:

Good banks, such as Bank of America (BAC), JPMorgan (JPM) and Barclays (BCS).

Then there are bad banks, like Wachovia (WB), Washington Mutual (WM) and Zions Bancorp (ZION).

No positions in stocks mentioned.

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