Date updated:10-02-2008
While Cramer still told investors to use caution, sell into strength, and cut back at least 20% of their portfolios, he sees some obvious winners once the Paulson plan is signed into law.

-
BAC
Bk Of America Cp - $15.98
- -0.50%
- $16.08
He said that Bank of America (BAC) stands to benefit.

-
WB
32.35 - $5.27
- 0.00
- $5.27
Cramer said that Wachovia (WB) will also benefit from the bailout. With CEO Bob Steel's previous government experience, Cramer said that he will be able to take advantage of the plan by splitting Wachovia into good and bad components and sell off the bad parts quickly to the government.

-
GS
Goldman Sachs Grp - $176.76
- -0.96%
- $178.89
Cramer said that Goldman Sachs (GS), a stock which he owns for his charitable trust Action Alerts PLUS, will also benefit from the Paulson plan. He said that Goldman has the currency and capital to become a big international bank. He speculated that Goldman might consider buying Wachovia, which is now valued at just half Goldman's marketcap.
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A. The only one I own : SLX,
too hard pick a winner out all of them
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