Cramer is CNBC's 'go-to' guy on CNBC this morning on Squawk Box. They are asking him his opinion on what is the trade off the BSC fiasco. Can you even farking believe CNBC? They should roll the tape on Cramer's recent BSC call and ask him how it feels to be a knob. But oh that CNBC, we all know they have retail investors' interests at heart, and are not really a staging platform for front runners.
The question is about moving money out of accounts held at Bear and Cramer's answer was in response to that quetion. Not about holding the stock of Bear Stearns BSC. Im not a Cramer fan, just calling it the way it was worded.
He is right, actually. If you have an account at Bear your money is safe. The question has nothing to do with owning Bear stock
Can't beat his 100% loss of capital hall of fame picks: http://web.archive.org/web/20020103063415/http://www.thestreet.com/funds/smarter/891820.html