John Osbon, founder of Osbon Capital Management, says not to overlook the banks that didn't do so well on the recent stress tests.

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John Osbon, founder of Osbon Capital Management, suggests parents should start saving for their child's college tuition once they find out they are having a baby.

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"I am optimistic about TARP because it allows troubled assets to remain on balance sheets until they mature many years in the future, " says John Osbon, founder of Osbon Capital Management.

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Also, for fun: John Osbon, founder of Osbon Capital Management, recommends a trio by Steig Larsson: The Girl with the Dragon Tattoo, The Girl who Played with Fire and The Girl who Kicked the Hornet's Nest.

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Investors will likely have an investing feast with the IPOs coming out because, "any company that can go public in this environment has a winning strategy by definition, " says John Osbon, founder of Osbon Capital Management.

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While the banks might need five years to get these assets off their balance sheets, John Osbon, founder of Osbon Capital Management, foresees the American taxpayer being on the hook for said banks and assets for a decade.

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