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“Bank” is a relative term in this market, it seems. Usually, the word conjures images of massive vaults overflowing with cash and gold. But the Federal Reserve bailout of Bear Stearns [BSC  Loading...      ()   ] proved that’s just not the case. Maybe, though, there are better examples of what a bank should be than the banks themselves.

At least that’s Cramer’s take on it. While the financial sector suffers one catastrophe after another, there are other businesses awash in cash, he said. This is where you should be putting your money.

Defensive stocks like Procter & Gamble [PG  Loading...      ()   ], Colgate-Palmolive [CL  Loading...      ()   ], Coca-Cola [KO  Loading...      ()   ] and Pepsico [PEP  Loading...      ()   ] all have “gigantic hordes” of money. So, too, do tech bellwethers Apple [AAPL  Loading...      ()   ], Cisco Systems [CSCO  Loading...      ()   ] and Intel [INTC  Loading...      ()   ].

Exxon Mobile [XOM  Loading...      ()   ] is using its bountiful reserves to buyback stock rather than drill for more oil, Cramer said, “but in this market I’ll take that, too.”

And business is still booming for the Caterpillars [CAT  Loading...      ()   ], 3Ms [MMM  Loading...      ()   ] and Honeywells [HON  Loading...      ()   ] of the world as well, thanks in part to the weak dollar. As the orders roll in for these companies, so does the cash.

Any of these stocks are better plays than the so-called banks Ben Bernanke is so concerned about, Cramer said. Maybe it’s time to make a deposit.

Watch the video as Cramer answers callers' questions about blue-chips stocks, Merck [MRK  Loading...      ()   ] and how emotional supply and demand works in this market.

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