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
- 4 Enemies of Bull Markets
- Experiencing Technical Difficulty?
- The Importance of Good Breadth
- How Big Money Rules the Markets
- Follow the Leader
- Mad Mail: Chesapeake Energy Is Hiring?
- Lightning Round: Royal Dutch Shell, Bank of America, RF Micro Devices and More
- Lightning Round OT: Harley-Davidson, Heartland Payment and More
- Cramer’s Christmas List
- Cramer: This Stock Offers ‘Plenty of Upside’
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 
 |
Cramer admitted on Thursday’s Stop Trading! that he made a mistake sticking his neck out and recommending Annaly Capital Management [NLY
Loading...
()
]. The stock fell precipitously after European firm Carlyle Capital Group, which invests in mortgage-backed securities, defaulted and sent mortgage REITs plunging stateside.
Unfortunately, Annaly is a great company with no credit risk but it’s being taken down as though it has it in spades, Cramer said. Simply put, Annaly is “guilty by association.”
The shorts could pull Annaly down enough that its lenders get cold feet and the company has to do another equity offering, and that could spell even more trouble, according to Cramer. Even still, he reiterated his support for CEO (and neighbor) Mike Farrell even though he would no longer touch the stock.
Jim's charitable trust owns Annaly.
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes