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Stop Trading, Listen to Cramer!
“At 10:15 last night, there were serious stories—now, Goldman is not going to make as much money, and the multiple will be shrunk. This is ridiculous—Goldman’s multiple is seven times earnings, Morgan’s is six times earnings. USB , Wells Fargo , PNC —these are all between 14 and 17 times earnings. Do some homework before you start talking about the multiple ."
—Jim Cramer, CNBC’s Mad Money
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