During the credit crisis of 2008, Jim Cramer discusses the bear raid due to the government action to nationalize major banking institutions by investing tax payer money into US banks. He believes that action will allow banks to start lending again and eliminate the possibility of a great depression. He also believes that this act
Jim Cramer discusses the bear raid which occurred once the government announced TARP, which was a plan to invest money into troubled banks. He basically refers to it as a US sovereign fund and believes that it will eliminate the probability of a