joining us is sheila bair, former director of the fdic. we were just talking about the underperformance of banks, the stocks and we also were talking to a real estate hedge fund investor who basically said there's a big downturn to come yet in commercial real estate you yourself say that credit losses take time to work through the system what does that mean for your view of the banks? >> so i think you do have to distinguish between banks that have significant capital markets activity to those more the bread and the butter so i think the banks that have significant capital markets activities have actually been enjoying a significant earnings and revenues from those businesses so i think you do need to distinguish in terms of a business model for the banks, their primary focus is lending they're the ones we need right now. a loan has to be delinquent for a certain number of months until it counts as a troubled debt there's a lot of forbearance now. all of that can kind of map what eventually may be the credit losses for bank lenders. i thin

>> guy >> sheila bair only has 11,000 followers on the twitter that is ridiculous, folks. follow the sheila bair on the twitter and look for reversal lower in the dollar whic >>> my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now >>> hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but to educate and teach you, so call me 1-800-743-cnbc or tweet me @jimcramer >>> what really happens if there's no stimulus? i've heard numerous politicians argue the economy is strong enough, we don't need a stimulus others have said i only want a stimulus package to stave the stock market that's ridiculous. today, we got an idea what happens if there's no grants as far as the stock market is concerned, it's not that big a deal the dow gained 52 points, s&p inched up, nasdaq advanced i don't want a stimulus package to save the stock mark