This is not a time to get stressed about losing money – but to refocus on who is still generating sustainable earnings.   Read More

America lost an important civil servant -- a hero of the masses -- when Bob Steele gave up his post of Treasury Undersecretary to take over the reins of the troubled Wachovia Bank spacer. Cramer worked with him at Goldman Sachs spacer and praises him simply a "brilliant man," not a compliment Cramer gives often -- with the exception of certain dead classical composers. Steele is a "visionary and a hard worker," someone who "gets" that the banking system is in dire straits.    Read More

Surprise! Cramer agrees with Bill Poole's predictions involving Freddie's and Sallie's insolvency, but thought it imprudent the way he spoke of it to the public, "pulling the carpet" out from under them and hindering their ability to recapitalize. Cramer's opinion: put Freddie + Sallie under the fold of federal governance -- end their existence as private equities and make them over them into government agencies.   Read More

Marks & Spencer's top dog Stuart Rose faced the wrath of investors at the company's AGM yesterday – but not necessarily for merging the roles of chairman and CEO or for profit warnings.   Read More

2008 may prove better than most political years for surviving charges of flip-flopping. And Barack Obama and John McCain have both set out to test their luck.   Read More

I had admired Tim for years before I ever knew him personally. As moderator of "Meet the Press" since 1991, he cut a very large swath through our common profession of political journalism..   Read More

I've been asked many times to write something about what I think of the guests I interview on "Managing Asia." After close to eight years hosting the show, my personal encounters with CEOs and senior executives are always good talking points. What better way than to pen my thoughts out in a blog? I'm going to start with the President of Ping An Insurance, one of my guests on a recent trip to Hong Kong.

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The resignation of General Re's CEO, apparently in response to pressure from Federal prosecutors, is generating some heated debate on whether Washington should stay out of Warren Buffett's boardroom.   See Closing Bell's heated discussion on the issue.   Read More

General Re Chairman and CEO Joseph Brandon, who had once been seen as a possible successor to Warren Buffett, has resigned.  He apparently fell victim to pressure from the Federal government to have him ousted.   Read More

Warren Buffett ranks number one on Directorship magazine's new list of the most admired board directors. Its Annual Survey of Exceptional Directors is compiled using "data from proxy firms, reader polls and governance experts."    Read More