The government ought to go after ALL the banks and mortgage companies that either falsified or commited fraud to make money in a reckless manner. As Secretary Paulson said in a speech last week, "There's lots more about the credit crunch and the housing market.. 2008 will be a difficult year."

The dollar is the WEAKEST in decades with nations announcing that they will start investing in currencies other than America's, significant credit problems are BOMBING major banks, oil is nearly $100 predicting continuing major gasoline price increases soon, home foreclosure numbers are bad and growing, housing is literally frozen and falling, some cities are reporting major gluts of housing, particularly in condos, grocery and energy prices are soaring with electricity and heating oil/natural gas expected to jump 15-20% this winter, health care costs are almost out of sight and still rising, manufacturing jobs continue to go overseas and the huge illegal alien problem remains...

...and we have a $12 BILLION A MONTH war full of corruption that we can't seem to win.

Whoever thought a Republican administration would put America in such poor financial shape???

Why don't Sandy and Charles put back into Citi what they stole out of it. Also the stockholders, brokers, mortgage lenders should do the same. We bailed out the banks during the S&L I don't care to do it again and again.

better yet Jim why don't you fully invest in C to help them out.

These CEOs (Ctigroup, Bank of America etc) need to feel the PAIN that they have brought and will bring to many Americans.

Agree with Steven above. Cramer should step up and put his money where his mouth is!

Come on Cramer, Government bailout of Citicorp, no way. What happened to the "smart Wall Street boys". The Wall street boys are not smart, they are stupid and greedy, very greedy.

Read your history books -- 1929 under, yeah, a Republican administration. Banks failed; the market crashed; Hoover deplored tha laziness of the unemployed (he said, if people weren't so lazy they could get a job -- in a 25% unemployment climate). Now we are supposed to have bank safeguards to avet failures -- and look at the mess! Bernanke, Paulson, et al have to step in b/c greed is the main business model and when it overcomes decency you have to save the victims.

Hey Jimbo, Screw you and anyone who wants my government to bail out any of these companies who have been sticking it to the middle class all these years. 20 , 30 percent interest rates. I saw the dog an pony show put on by your lenders concerning the credit card and the fees they were charging the public. yeah i am sure they gave you a nice little stipend to run your mouth for them. Your a big blow hard cramer and guess what maybe we should all go. we are a bunch of selfish greedy bastards and your right up there dude. Kiss my Arse.

My guess is that Cramer owns a chunk of Citigroup...

As Secretary Paulson said last week... 2008 will be a difficult year, especially in credit and housing markets.

no more bailouts!!!! how much longer do we want this mess to fester? letem fail!!! lets get back to resposible fiscal policy!!!

Bonuses for every manager and executive in this corporation should be ZERO this year.

Mark - what Cramer is saying is that we are all in a
way invested in Citi. However we only get the downside and not the upside. Trickle down is a myth.

The problem was started in the government when it dropped the interest rate so low and put all the money in the economy. The banks then lent it out to keep the USA looking good under the present government. This country is living on credit. I think the responsible people should not be required to bail out the slimy bankers when they doing what our government asked them to do

There is no one like an erstwhile free marketeer such as Mr. James Cramer to howl more frantically for government intervention when it suits him to do so. For some time Mr. Cramer has been demanding that the Federal Reserve bend over backwards in favor of the speculative interests and keep lowering the cost of money. And as they do so our currency has become almost worthless. Now he wants the government in some unspecified way to bail out a private corporation, Citigroup, from its own failings. When Citigroup was riding high on the premise that making risky loans was good business, the profits weren't being shared with the general public. Mr. Prince was probably incompetent to run that organization, but Citigroup has a board of directors with the power to remove him at any time. Their failure to do so is a big problem for Cititgroup's employees and shareholders, but not for the taxpayers.

Hey, My kid has a Student loan through Citi, What would happen to that.

The intrest was 4 %, 3 1/2 years ago, now they are charge him 9 %

I don't think we need to rush to save Citi Group... let them turn in the wind a bit, and get them scared straight...

Of course I also think the millions of retards out there who chose to accept mortgages that were dangerously stupid to accept should be left to turn in the wind also. It doesn't take a Rocket Scientist to realize that an ARM is a Stupid Idea.

do not bail out c. let them fail on their butt. Im a
rep. but right now i am not proud of it. because of the way BUSH has handled the gov., we are headed for a one world currency. We will have two
groups of people in this country, the very rich, and the very very poor. All of this is because of greed.