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
Watch the Lightning Round whenever and wherever you want.
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.
Admit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.
Check out Cramer on set, back to school, behind the scenes and more.
Buy Cramer books, bobbleheads and other Mad Money merchandise.
Pick up the phone! It's Cramer! New Mad Money sounds for your cell phone.
Mad Money's mobile. Get show highlights sent to your phone.
Cramer likes to retell relevant stories of his early days at Goldman Sachs [GS
Loading...
()
]. One of his biggest revelations as a newly minted broker came when he was reporting to now New Jersey Governor Jon Corzine, who at the time was head of the investment bank’s fixed-income division. Despite all of the attention stocks get, Corzine said, bonds were much more important.
Try telling that to Cramer, who’d been following individual equities since childhood. But Corzine spoke the truth: stocks were bush league. Anyone who wanted to play in the majors needed to understand bonds. After all, companies raise much-needed cash through bond issuance. And the ability to do so is directly related to the health of the overall economy. So if there’s a problem in this market, it will ripple out across all markets.
This is why Cramer so emphatically cried, “They know nothing!” back on Aug. 3, 2007, (easily one of CNBC’s top moments of the past 20 years on air). He knew there was trouble in the bond markets and that it would have a tremendous impact across the board. So investors who are serious about making money need to follow bonds with the same level of vigilance.
Watch the video for Cramer’s full report on bonds.
Cramer's charitable trust owns Goldman Sachs.
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?



