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Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Wednesday November 7. Click on a stock ticker for more analysis:

The Gisele-Cuomo Selloff: Fannie Mae (FNM) and Freddie Mac (FRE), Washington Mutual (NYSE:WM)

Cramer blamed Wednesday’s selloff (which he called the Cuomo-Giselle selloff) on three people; Gisele Bundchen, Jay-Z and Andrew Cuomo. Supermodel Gisele Bundchen has refused to accept payment in dollars and prefers euros, as an indication of his wealth, rapper Jay-Z flashed a Euro bill instead of a dollar on his latest video, and Andrew Cuomo, the New York Attorney General, issued subpoenas to FNM and FRE to give information on loans they purchased from WM. Bundchen and Jay-Z’s espousal of the euro is symbolic of the steep 35% decline of the dollar over the last 6 years, while the euro is appreciating in value. Concerning Cuomo’s inquiry, Cramer said, “There's only one way out of the mortgage morass. We need to see lower down payments." Cramer is concerned government regulators may scare lenders out of lending. Cramer concluded the stories bringing down the market are temporary and urged investors not to panic.

CEO Interview: David Crane NRG (NYSE:NRG)

Cramer praised nuclear power as “the cleanest, safest, most environmentally-friendly way to produce mass power,” and he believes it will eventually be the cheapest. Cramer invited David Crane on the show to discuss his ambitions to secure two nuclear reactors in Texas, which, if approved, may go up in 2014 or 2015. While Crane cited some advantages of coal, including its low price, he added nuclear will be an even more cost-efficient form of fuel with zero emissions. Crane said NRG is moving towards nuclear more aggressively than its competitors and doesn’t see wind as an alternative, since the market is saturated and the cost of imported wind turbines is “killing” companies, according to Crane.

Related: Cleantech blog discussed Crane's plea to reduce emissions.

CEO Interview: Michael Johnson Herbalife (NYSE:HLF)

Herbalife would potentially be in the House of Pleasure after it reported a great quarter, beating analyst expectations by three cents a share. However, the company is plagued by allegations of unethical practices in China, and is currently under investigation by the SEC. Johnson said Herbalife’s dealings in China have been clean and if something unsavory is discovered, the company would rectify the problem. He added, “We're operating transparently. If the SEC is here nosing around, we're going to let people know about it." Cramer says he trusts Johnson but urged investors to research the allegations and the company before buying.

CEO Interview: Dr. Steven Quay, Nastech (NSTK)

After Nastech fell 38% on news that Procter & Gamble cancelled the partnership to produce an osteoporosis nasal spray, Cramer expressed consternation and asked Dr. Quay why the deal was cancelled. Dr. Quay responded NSTK could not provide dosages sufficient for PG and is working on increasing dosage for further approval. He also noted NSTK has an insulin drug and an obesity treatment in the pipeline. Cramer reiterated “no one makes any money panicking,” and encouraged a wait-and-see attitude toward NSTK.

Related: Ant & Sons on Nastech's problematic quarter.

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Source: Jim Cramer's Mad Money In-Depth, 11/7/07: The Gisele-Cuomo Selloff