FEATURED SLIDESHOW
Who Is The Worst CEO?Mad Money needed new inductees for its
Wall of Shame, so we asked viewers for
nominations.
RECENT POSTS
- Remorseful Regulator Leads Reform Fight
- Lightning Round: AT&T, Verizon, Novartis and More
- Lightning Round OT: Alcoa, Weight Watchers and More
- Why Amazon Rules Retail
- Nordic American: Sinking Ship or Titan Tanker?
- Cramer: What Monday’s Housing Number Really Means
- Cramer: Buy These Banks, If...
- Time to Buy Treasurys?
- Lightning Round: Las Vegas Sands, ADC Telecom, Satyam Computer and More
- Lightning Round OT: Knight Capital, Ebix and More
MAD MONEY FEATURES
PODCASTSWatch the Lightning Round whenever and wherever you want.
OFFICIAL MAD MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
CRAMERS SOUNDBOARDAdmit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.
CHECK OUT OUR PHOTOSCheck out Cramer on set, back to school, behind the scenes and more.
SHOP FOR MAD MERCHANDISEBuy Cramer books, bobbleheads and other Mad Money merchandise.
RING TONESPick up the phone! It's Cramer! New Mad Money sounds for your cell phone.
TEXT MESSAGE ALERTMad Money's mobile. Get show highlights sent to your phone.
Text Size 
It’s no coincidence that the declines in Morgan Stanley [MS
Loading...
()
], JPMorgan Chase [JPM
Loading...
()
], Wachovia [WB
Loading...
()
] and Bank of America [BAC
Loading...
()
] came immediately after the Securities and Exchange Commission eased up on its prohibition against naked short selling some of America’s most important financials. At least that’s how Cramer sees it.
He’s railed against this many, many times before. But Wednesday he just wanted to reiterate how important that enforcement is. After all, it’s the very reason Merrill Lynch [MER
Loading...
()
] and Lehman Brothers [LEH
Loading...
()
] were able to finally find their footing. Without SEC intervention, bear raid upon bear raid would have continued to drive these stocks into oblivion.
Look at just a couple of the banks that weren’t on the SEC’s protection list: Both American International Group [AIG
Loading...
()
] and Downey Financial [DSL
Loading...
()
] are struggling right now.
Cramer wants to see a Resolution Mortgage Trust set up to take on the bad loans weighing so heavily on this sector. That way other healthier banks can swoop in and buy the good parts of what’s left of these struggling banks.
But the SEC’s laissez faire approach to market regulation is making any kind of recovery in this sector that much harder to accomplish.
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes