TheStreet.com RealMoney

Market's 'Black Holes' Are Almost All Filled

By Jim Cramer

About this article:
Editor's note: Jim Cramer will present his 2009 stock outlook for the first time at TheStreet.com Investment Conference on Saturday, Oct. 25. Limited seating. Act now. The black holes are almost all filled. That's how I feel about the soon-to-happen merger -- at least if you read the headlines -- between General Motors and Chrysler. Let's go over them. We fixed Washington Mutual by giving it to JPMorgan at a fabulous price that will be endlessly additive to earnings once TARP starts, because the mortgages are already written down. We have taken care of Lehman, even as it was stupidly handled and has caused an endless amount of pain. It was so obviously too big to fail. But Tim Geithner, the fair-haired Fed boy, said otherwise, and Chris Cox, the shorts' best friend, as he loves an unregulated credit default swap market, let it happen, and he's...

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