Jonathan Christopher

Cramer's Mad Money - We Lost a Good Man (5/8/09)

Can we stop this blame game? Who is to blame for the financial meltdown? We all are. Americans voted for the politicians that supported lower regulation, lower interest rates, unsustainable mortgages, coal-fired instead of nuclear fired power plants, taxes that favor cars instead of railroads, criminalization fo drugs such as alcohol, marijuana, opiates. (oops, I guess we decided that alcohol is OK after all - though it is implicated in most auto accidents and related deaths). We have created a situation that has led to on in three blacks having a criminal record, and the HIGHEST IN THE WORLD prison population. (America leads the way?)

SO: Stop with the blaming. Understand what we have and figure ways out.

Why I'm Holding On to Citigroup Stock

The current Citi stock should be considered a Call Option with no expiration date. The potential down side is $2.65/ share. The potential upside is around $40 a share. No-one can predict the future of this stock, There are too many unknowns and uncertainties.

I have a small stake in this stock.