Cramer: Lehman Is a Takeunder: Jim Cramer questions Lehman CEO Richard Fuld's decision making and the terrible effect on the stock.

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Cramer: Don't Hate All Bank Stocks:
It's a bad quarter? What a shocker, says Jim Cramer. Search the beaten-down banks for opportunities.

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Cramer: The SEC Doesn't Get it:
The academic types at the SEC are making a major mistake by not extending short-selling regulations, says Jim Cramer, warning that certain institutions will be annihilated.

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Q: Give us some shorts, please.

A: Let's start with the obvious. You can't have financial institutions levered 30-to-1, which I think is the case in Europe, or 25-to-1, which I think is the case in the States, and expect nothing bad to happen. So, we have been short the banks for a long time. And the brokers. And the mortgage lenders and mortgage guarantors. We typically short stocks, not ETFs or indexes. We've been short Bank of America [BAC], JPMorgan Chase [JPM] Citigroup [C}, Goldman Sachs [GS], Merrill Lynch [MER], Lehman Brothers [LEH], Morgan Stanley [MS], SunTrust [STI], Wachovia [WB], Washington Mutual [WM], Capital One [COF]. There's hardly a financial name that we aren't short.

Strong Financial

The market's obviously pretty dysfunctional here, but when you see this kind of selloff in stocks, you have to respect that it's just beginning, not ending. I would sell the rails, which have been favorites of mine. I would be a buyer of the two financials that are getting killed today, JPM and Goldman (GS), and after selling some Morgan Stanley (MS) for Action Alerts PLUS, I am looking to rebuild that one lower.

3 Stocks I Saw on TV:
Dan Fitzpatrick examines three stocks viewed on 'Fast Money'. Today's stocks include Goldman Sachs, Intel and Vimpel.

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best in its field

They seem to touch everything in financials

best in class

overvalued

just ask Thomas D. Schauf.

it's over...the little guy will never win!

Legalized organized crime. How many Fed members GS alums?

manipulation

watch it crap

Treated me very poorly

Would have JP Morgan 4.31 over this 20.70.

Biggest crooks of all.

best of breed