i'm jim cramer. you tomorrow. >>> more on the v-shaped recovery, dow 11,000, future tax days could have a 90% top rate, and cowboy monetarism.

stay with cramer. >> announcer: coming up, want to talk to cramer? call 1-800-743-cnbc.d out how you can speak with the wizard of wall street on the "lightning round." and later, cramer takes all your questions and gives you the quick-fire responses you so crave. cramericans, we want to hear from you. so send jim an e-mail to madmoney@cnbc.com. and stay tuned for some rewarding replies on "mad mail." all coming up on "mad money." anncr vo: with the new geico glovebox app... anncr vo: ...you can get help with a flat tire... anncr vo: ...find a nearby tow truck or gas station... anncr vo: ...call emergency services... anncr vo: ...collect accident information. anncr vo: or just watch some fun videos. anncr vo: it's so easy, a caveman can do it. caveman: unbelievable... caveman: where's my coat? it was suede with the fringe. vo: download the glovebox app free at geico.com. >>> it's time! it is time for a very special apple-related "lightning round" on cramer's "mad money." just kidding, but i love it. hey, what's that "lightning round" about? rapid-fire calls one after the

get cramer's reality check. and later, tech spec, cramer's got his eye on one ipo you don't want to miss. could it connect you with profits? all coming up on "mad money." " >>> now that we've addressed the notion that the market's not rigged, even though there are plenty of moments of rigging, we have to think about how to profit from the pervasive sense that the whole game's corrupt and you should just stay out of it, not get in. in other words, how do you play a first-class disaster that brought the whole market down in one fell swoop? how do you profit from the fraud charges against goldman sachs? let me give you your game plan for next week. first you've got to wait for things to settle down on monday. the headlines all week will be awful. like do you think "the new york times" is going to say why we love goldman? i mean, i suspect their best chances to buy the stocks will probably come in mid-morning. so what's the primo merchandise you should take? i think you should buy the stocks of companies that just r

stay with cramer. >> announcer: coming up, want to talk to cramer? call 1-800-743-cnbc. out how you can speak with the wizard of wall street on the "lightning round." and later, cramer takes all your questions and gives you the quick-fire responses you so crave. cramericans, we want to hear from you. so send jim an e-mail to madmoney@cnbc.com. and stay tuned for some rewarding replies on "mad mail." all coming up on "mad money." >>> it's time! it is time for a very special apple-related "lightning round" on cramer's "mad money." just kidding, but i love it. hey, what's that "lightning round" about? rapid-fire calls one after the other. you say it, name of the stock, i tell you whether to -- and then the lightning round is over! are you ready, skee-daddy? it is time for the "lightning round" on cramer's "mad money." why don't we start with rose in cal? rose! >> caller: hey, baby, ba-pa-di-pa-boo-yah. >> i like your attitude. you came to play. you are all fired up and so i am. >> caller: i am fired up. >> let's do some business. >> merger. merger. >> caller: a few months a

stay with cramer. >> coming up -- rags or riches?hile the state could be broke within months, there still could be opportunity waiting to shine. cramer's got the plays. >> looking around facebook today, we see since adding kip as a friend, kyle's stock is plummeting. he has 215 friends this morning, he has is 11 this morning. the rumors are now becoming more than that. jimmy and bebe has decided to now share their friends. chick friends are worth triple what dude friends are. >> we're talking about california tonight. land of surf, sun and nearly bankrupt cities. if this were erik cartman's acclaimed facebook podcast, mad friends, i would tell you to dump the garden state from your friends list right now. but on "mad money" we don't care about making friends. although we dig the shoutout on "south park" last night. wait a second, we did pick up one of the nifty devices he had. >> merger. merger. merger. >> these things are great. i have to get myself my own show. anyway, if you're going to make money, not friends, you need to look pa

i'm jim cramer, and i will see you tomorrow. >>> cramer has gone mobil. now get "mad money" on your mobile phone. top stories and lightning round to go and mad money videos. all of that and realtime quotes government to mm.cnbc.com.

>> caller: cramer, boo-yah. yankees. >> they're fine. yankees -- out of deference to you, clown, here, i'm wearing one. >> caller: listen, quest diagnostics. i love the sector, i love everything about the stock. >> you know, again, it's health care. i saw the quarter. i like the quarter. the stock sold off. i think because once again everybody is now trying to reconfigure what a company is worth when we get health care legislation. and we've got it, so it's too hard to read. i can't make a decision on this. stay away. i'm going to ellen in north carolina right now. ellen. >> caller: hi, jim. boo-yah. come down it north myrtle beach for shagging on the sand weekend with me. >> whoo! >> could you say that again? i have a problem hearing. >> caller: okay. we're having a shagging on the sand festival in north myrtle beach this weekend. and would love for you to come down. >> all right. you know, i happen to be doing nothing on the next 42 consecutive weekends. so let's just pick a date. meanwhile, let's do some stock work and then we'll go o

>> caller: boo-yah, cramer.for taking my call. >> my pleasure. >> caller: from my friends and family in waukesha, wisconsin -- >> yes. i wish i had friends and family so i could get 20% off if you come to the store but i -- >> caller: what do you think about staples? >> i think it's a buy. i think the reaction after the quarter was wrong. i think that gives you an opportunity. people buy office max. you've got to buy best of breed and best of breed is staples. all right. let's go to -- one more. hey, can i take one more? can i take one more? i have one more? let's go to brian in ohio. brian in ohio. brian. >> caller: i just want to give you a new york yankees boo-yah from ohio. my question is about marvell, mrvl, and how it compares to skyworks, which you previously mentioned. >> all right. marvell, mrvl, and broadcom, those are both internet tsunami names. they remain strong and on my buy list. >> buy buy buy! >> i'll pull the trigger any day of the week. yankee fan. again, doesn't hurt me until we get to the s

>> i'm jim cramer. welcome to my world. you need to get into the game. these firms are going to go out of business. and he's nuts. they're nuts. he's nuts. they know nothing! i always like to say there's a bull market somewhere. and i promise -- "mad money" you can't afford to miss it. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends, not interested in that. trying to make you money. throw in a little entertainment. call me at 1-800-743-cnbc. tomorrow's papers, it won't look like much. nine-point gain in the dow, fractional inch up in the s&p, but those papers are lying. they're masking one of the wildest days we've had in ages around here, one where we saw an intraday 112-point dow swing, bottom to top which leads me to ask you a simple question -- were you ready for this market's intraday red tag sale? were you ready for a buy one, get one moment coupon cents off at the cash register? today reminds us that when the bull market store throws a couple-hours-long sale, we've got to get our shopping list ready

i'm jim cramer. see you next time.

cramer, please let me answer.ou had your chance. >> take bake user charge that i took money, and i will. >> okay. make your case and jim will respond. >> it's quite possible that goldman had an equity position, they probably wrote it off on the closing date, so they chose to lose a few million and make a hundred million. these deals were very complicated. i don't do politics, so i can't comment on the politics of this deal. goldman sachs was clearly in the know. they knew what they were doing. in fact if they were defending themselves, they would have to make a case that they didn't know, which i think too highly of goldman sachs to think that they didn't know what they were doing. if that's the defense they will undertake, then so be it. these deals were made to be shorted. we don't have times to go into details. i want to remain shallow in deference to mr. cramer. >> i asked you to please not make personal -- >> what is this nonsense. >> the details were completely difficult to understand. it's clear the bank di

always good to talk to you, as jim cramer says he was one of your classmates. let's get straight to this issue if we could. everyone in your industry makes the case for how nuclear energy can be incredibly safe and they mean that not just in terms of explosions, but also in terms of who can get their hands on it. when you hear the president making comments like that, can you lay out exactly why nuclear power plants are not a risk at all? >> well, i think the connection between the risk of nuclear attack going up -- because erin, as i think you said, there is fissile material, weapons-grade material and nuclear weapons in other countries in the world. i mean that may be a strategic fact but the united states commercial nuclear industry, which 30 years ago, 40 years ago, a decision was made to use a fuel low-grade uranium. it is not particularly a well-suited fuel for bomb material. and so i think the connection between the two is pretty remote. >> right. because of the level of enrichment. i mean -- we'll just give you this example. united ash emirate d ash emir

we will get cramer's take on citi and lloyd blankfein's leadership. we'll be right back. >> when, who, how, where, how much? we've heard the promises for years. decades in fact. solar power, wind energy, algae, batteries, shale, seaweed, alternative energy. so where do we stand? find out thursday, april 27th. beyond the barrel, the race to fuel the future. tdd# 1-800-345-2550 that's why, at schwab, tdd# 1-800-345-2550 every online equity trade is now $8.95 tdd# 1-800-345-2550 no matter your account balance, how often you trade tdd# 1-800-345-2550 or how many shares... tdd# 1-800-345-2550 you pay what they pay what everyone pays: $8.95. tdd# 1-800-345-2550 and you still get all the help tdd# 1-800-345-2550 and support you expect from schwab tdd# 1-800-345-2550 millions of investors. one price. tdd# 1-800-345-2550 at charles schwab... tdd# 1-800-345-2550 investors rule. tdd# 1-800-345-2550 are you ready to rule? >>> welcome back to "street signs." rick santelli here. i will tell you that the canadian central bank today, even though they didn't raise rat

jim cramer you're in charge of regulatory reform. you have geithner's ear.m what needs to be in there that's not. tell him what needs to be taken out, what's already in there. make it work, buddy. >> all right. transparency, transparency, transparency. when you look at what happened with lehman baer they hid what was wrong. people who hide things should go to jail. if they made it so that everybody had to show what they did and put it on the board, show the transactions, this stuff goes away. we just need to know more. we would never have given lehman any money and let them be able to raise money. we'd never let bear raise money. they got to stop hiding things. that's really the message. the justice told us sun light is the best disinfectant. i'm still with him. >> if we wind back the clock, new reform should i have known if i was buying these cdos from goldman that john paulson was one of the architects? in the new regulatory world would that be in there? >> no. i worked at goldman. that's proprietary. >> in reality, if i'm guy buying this stuff, don't you

jim cramer now on the set "mad money's," jim cramer, andy serwer, and the great willie geist.on all coming out of the last segment. >> clarifications. >> first of all, hasselhoff was not on b.j. and the bear. who was that? greg everton. >> here it is. >> oh, okay. >> yeah, baby. >> that's the show. that's b.j. and the bear. my apologies. actually, hasselhoff was on "knight ryder." everybody knows "knight ryder" because nbc did it, number one show for -- >> i have a retraction to make as well. >> yes? . that wasn't marlo thomas next to david hasselhoff guy rating in a black vest but the woman on the video you see coming up was -- >> mary lou henner. she was on "taxi." >> i got it wrong. >> there she is. she looked like marlo thomas from a dance. >> it's good to clarify that. >> so we decided to bring in some goldman sachs alumni this morning. >> and jim cramer. >> you worked for goldman sachs. >> yes, i did. fortunately, not during this period. >> are you -- your book is getting back to even. of course, a great book, we've talked about it time and again. it's still still a time

you can't afford to miss it. >>> hey, i'm cramer! welcome to "mad money." welcome to cramerica.r people want to make friends. uh-uh. just trying to make you money. my job is also to entertain and to educate you. so call me at 1-800-743-cnbc. by now it's pretty clear that most people in this country like this group of seventh-graders i taught over at that kings collegiate over in brooklyn, they view wall street as the modern-day equivalent of sodom and gomorrah. it's like wall and broad intersected, sodom and gomorrah intersected. everybody wants to talk about whether or not goldman sachs is really a bad actor. i know that's not what you want to hear about. are you making any money on that? on "mad money" we don't want to get lost in the sodom and gomorrah of things and end up turning into a pillar of salt. like lot's wife. we could care less about goldman and sorting it out because you know what we're really about? we're about the benjamins. fear not about being in the arena a la teddy roosevelt. we're helping you try to make money in the market. even on a xwla blah blah day lik

. >>> i'm jim cramer, and welcome to my world. >> you need to get in the game!> firms are going to go out of business, and he's nuts! they're nuts! they know nothing! >> i always like to say there's a bull market somewhere. and i promise to -- >> "mad money." you can't afford to miss it. >> hey, i'm cramer! welcome to "mad money." welcome to cramerica. other people want to make friends. not my cup of tea. my job is to try to help you make money and give you a little entertainment and to educate you. so call me at 1-800-743-cnbc. what an ugly day! looks like the don't worry be happy mob got overrun by the bears, the grecian bonds, the worries about mortgage rates, the dissension on the fed. maybe the concerns about the recovery are right smack dab back on the front page. maybe the fretters have reemerged and are taking action. >> sell sell sell. >> what else with the dow getting crushed for 72 points and the s&p getting ripped for just over half a percent. people were speculating all day about what caused the sharp mid-afternoon turn. some said it was the kyrgz -

. >>> i'm jim cramer, and welcome to my world. >> you need to get in the game!are going to go out of business, and he's nuts! they're nuts! they know nothing! >> i always like to say there's a bull market somewhere. >> "mad money." you can't afford to miss it. >>> oh. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i just want to try to make you some money. my job is not just to entertain, but it's also to educate. so why don't you call me at 1-800-743-cnbc? what's the deal with the golden slacks anyway? i mean, how could a pair of pants cause such havoc like it did last week? do people just decide that the s.e.c. was simply doing what i'm doing? hemming in the golden slacks. just a little hemming? and then it's party time? don't you think that's what happened today? with the big slacks shrugoff, with the dow rallying 73 points, s&p 500 up about half a percent after being down badly at one point? maybe the market realized that even the s.e.c., the commission charging goldman, wasn't sure of the case with two comm

cramer, and you don't recall the conversation about, is that what you're saying? >> i do recall having lunch with him, but not that, specifically, no. >> if you did say that, what would you be sure to convey that you are the board of directors of the new york fed? >> as i think about it now, my conversation -- i don't know. you've asked me questions on trying trying to answer that. if they had something to say, they would've set it to me. >> who? >> if the fed had something to say to me regarding our position or condition that needed to be correct date, modified or changed, i had enough conversations with fed officials that they would've set it to me. and that is why, at the third quarter, and my announcements, i actually said i believed these last two quarters are behind us. >> okay, that's fair enough. >> the chair recognizes mr. feinstein. >> thank you. i want to pick up on something that mr. black said. i apologize i had to be elsewhere. it was a very important point. reference to the fact that mimic the 94, this congress passed the homeowners equity protectio

. >>> my friend jim cramer's got all the bases covered on the back of this goldman story on a very special edition of "mad money" that is right after "options action," top of the hour. time for the final call. scott, what do you say? >> i'm going to make a liar out of you. we have to watch goldman this weekend but remember you can still buy protection if you have to. >> dan. >> i like stock replacement trades into apple's earnings next week. >> goldman isn't the only story. the one buy two put spread in morgan. >> looks like our time has expired. for more "options action" go to our website, optionsaction.cnbc.com. thanks to the traders. i'm melissa lee. bull market or bear, traders are always hungry for ideas. they find them at td ameritrade. trading's all about strategy. and strategy... is all about information. so i start my trading day... with td ameritrade's morning perspective. that's interesting... or, look at this... i can mine their weekly webcast for ideas. this is what i need. of course, ideas are just the start. so now i can drill down. heat mapping... heat mapping shows me wher

heather cramer is the author of "ahead of the curve." you want revenue growth, you want catalysts, where will you take us? >> well, i really see that we're going to have a big pumback in the market. i want revenue growth, revenue momentum, and some kind of catalyst that's going to make earnings sustainable. evercor partner, evr. they're ranked number one in mergers and acquisition. we've been talking today about merger and acquisition. plus, their growing asset management. i like valuation. we're going to see it compete against lizzard. >> how much could we make on that? >> easily go to $040 a share. >> this is not dependent on the market running. >> merger and acquisition and management is really come back. revenues was less than 5% for asset management. they could go up to 30%. there we're going to see allocation. >> i agree with hilary. that's why i own the stock. i believe the asset management side of their business is the key, not just the advisory side, which is strong. that's why i own the stock, the growth of the asset management

jim cramer is right around the corner. we'll tell you how you're shaking out in terms of your vote on interest rates. with jim, we will talk about that. we will talk about god, interest rates and taxes. wow, a special edition. we'll be back. with fidelity, you can take your trading around the world, because now you can trade u.s. and foreign stocks online, in 12 markets, 24 hours a day, all from the same account, and settle in u.s. dollars or the local currency. plus, we'll guide you with international research and realtime quotes, so you can diversify your portfolio, wherever -- whenever. and we'll be on call around the clock, while you trade around the globe. fidelity investments. turn here. >>> welcome back to street signs. rick santelli here. we've been reoccupied with the ten-year note auction. a little better than yesterday's three-year note auction. there was something really different about this one. look at the charts. notice the yields started to fall. they started to fall a good half hour before the end of the a

jim cramer is the host of "mad money" on cnbc. what does it indicate?> psychologically it is fantastic. here's what's going on. we are seeing a resurgence of large american industrial companies which is what the dow is made of. it's all positive. i'm not going to say there is a mixed message. this means we are doing better than we have been the last 18 months. >> what caused it yesterday? >> yesterday was really a combination of the fact we're beginning to get earnings season, profits are going to be absolutely terrific. and washington is off the business section pages. it looks like the government has gone back into its box, time to focus on actual companies and they're doing well. >> should people who took their money out of the stock market, is this a good time to go back? >> i think we'll be down a little bit today but your alternatives are cds, they give you almost nothing, real estate, still a tough investment, and gold 52-week high yesterday. those are not good investments versus stocks. >> so now people may need to wonder is the recession over.

cramer's on call. can you cash in on fuel without getting burned? jim's got his eye on an undervalued stock. "mad money," next on cnbc. first in business worldwide.

i wasn't sure he would treat me like jim cramer. it was right after that.e treated me very nicely but one thing he asked me was he said to me so in your book you talk a lot about bernie madoff. the first thing is i don't mention bernie madoff once in my book. first thing i have to decide whether or not i am going to correct john stewart and decided to not do that. i decided to roll with it. yes, i talked about bernie madoff in my book. he said answer me one question. what is the difference the tween a ponzi scheme and an investment bank which was a great line which he couldn't have used had he not mentioned bernie madoff and thinking quickly, i said something like the truth is obviously bernie madoff was a criminal, went to prison for 150 years in north carolina or wherever and what he did was against the law but what wall street does isn't against the law. they helped write the rules and regulations by which they live. there is a revolving door between the sec and congress and wall street and the money goes back and forth and we all know how this works and

. >> lightning round here, our friend jim cramer likes to say, that is your best play, your best trade for next week. peter costa, what will it be? >> black rock. earnings due out monday and i think when they took over bar clay's asset management i think it was a great move for them. even though it's a $202 stock or maybe a little higher than that, i still a lot of room on the upside for that company. that company hitting on all cylinders. >> t.roe price among them. >> tim? >> the long s&p futures. we have seen nothing but buying coming in. even when the sellers come in, huge buy programs that come in to meet it. the goldman news hardly put a dent in the market. >> tim jennings, your best play of the week. >> i think the june/july spread that is $2 today and big move in the last two weeks. i think it's a little over done and i think it will narrow. >> gentlemen, thank you very much. appreciate it. >> thank you. >>> this special note, guys, to peter costa, i know his pain, i was wrong all the way down. >> he's honest about it, though. >>> just when you thought you heard everything about

but i think the subtle messages in each of our programs, jim cramer has actually done it on cnbc where's been talking about stocks that are ecofriendly and green in nature. things like that i think have turned out to be much more useful. >> but it's one thing, though, jeff, to give a public service announcement saying this is one of our personalities and urging you to be green. when you start to put it inside the programming and subliminal messages in the scripts and do it across 40 products, it starts to seem a little orwellian. americans are ordinary people. what did you think of the episode of "the office" where they made fun of the metal canisters you're supposed to have for water instead of disposable bottles. they were kind of making fun of the green movement. >> dennis, i know you aren't speaking about yourself when you talk about the ordinary americans. >> never, not at all. >> exactly. listen, i think your point is right. first of all, we encourage each of our programs, each of our brands, each of our channels to participate in this. but nobody has to. there's no orwellian doc

. >> there is a "in a book that says that you're telling jim cramer, "i am on the board of the federal to you? i see everything. they are watching everything that we are dealing." what did you mean, they see everything. >> i don't recall that, but the fed and the treasury were watching. they saw our liquidity and our capital positions. they saw the the hour mark to market process these. i believe they saw everything that we were doing real-time. >> i could agree that that would convey a sense of confidence. did they ever ask you to do something different? >> not that i am aware of. i do recall conversations where we talked about potential capital providers and potential structures. we discussed with him the fast number of people with him we had conversations about additional capital, additional investors, and i thought they were productive. >> did they lead you to believe that they would interject capital into lehman brothers? >> no. >> you said you were on the board of directors, if you said that to mr. creamer -- >> i remember having lunch with him. >> what would you be trying to con

. >> what about when you are quoted to telling jim cramer, i'm on the board of the federal reserve of new york. why would i be lying to you? they see everything you are explaining they were sound. they are watching everything. >> what did you mean by the statement that they see everything? >> i do remember that specifically. i said that they were on premises. they saw everything that the reducing real time. i could see that it would give you confidence. did they ever question why you were doing? the sec or the fed ask you to do something different or change anything you were doing for safety? >> not that i am aware of. i do recall conversations more so where we talked about potential capital providers and structures. i believe i discussed with him the vast number of people with whom we had conversations without additional capital, potential investors, a structure for commercial real estate. i thought this conversations were strong and productive. >> did he leave you to believe that they might interject capital into lehman orville you out? >> no. >> the final question is this. you said

linda cramer jennings, washington editor of glamour magazine, and a new member of the national presslub. alison fitzgerald, reporter for bloomberg news. richard simon, correspondent for the gnash -- los angeles times at. [applause] >> our guest today is fresh off a production set in hawaii when he was building soul surfer. in the true story of 13 euros ing champion who lost her arm and a shark attack, dennis quaid plays the father. a 56 euro father of three in row life, he faces own life-and-death experts in november 2007 when his newborn infants received a massive accidental overdose of the blood thinner heparin and nearly died. since then, quite has become a prominent advocate to patient safety. he launched "the quaid foundation" with his wife to focus attention on avoidable medical errors. he testified before congress for drug accounting and cowrote an article for journal patient safety. he speaks wind on improving standards of patient care telling his story from oprah to alan too generous to 60 minutes, to raise public awareness. on april 22 his documentary, chasing zero, winning