RECENT POSTS
- Don’t Trust Buybacks
- Buying the Right Sell-Off Stocks
- Buy Broken Stocks, Not Broken Companies
- The Biggest Market Myth There Is?
- The Key to a Successful Turnaround
- Lightning Round: Corning, Visa, NYSE Euronext and More
- Cramer’s 3 Stocks to Avoid
- Cramer: Play Defense with B&G Foods
- Cramer: Chico’s Proves Ailing Retailers Can Make a Comeback
- Cramer's Advice for the SEC
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 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?
Data is a real-time snapshot *Data is delayed at least 15 minutes
