Jim Cramer Promotes Credit Suisse Over 14 Years After Saying 'Bear Stearns is Fine' Before It Went Bankrupt

Per CNBC

  • Jim Cramer in October 2022: "Whoever gets Credit Suisse, $CS, is going to do quite well... this is some great franchise."
  • Jim Cramer in March 2008: "Bear Stearns is fine. Do not take your money out."

Shortly after Cramer's statement on March 11, 2008, Bear Stearns crashed and nearly avoided bankruptcy as J.P. Morgan Chase and Co bought it out.

See full $CS flow at unusualwhales.com/flow.