>>> MY MISSION IS SIMPLE, TO MAKE YOU MONEY I'M HERE TO LEVEL THE PLAYING FIELD FOR ALL INVESTORS. THERE'S ALWAYS A BULL MARKET SOMEWHERE AND I PROMISE TO HELP YOU FIND IT. "MAD MONEY" STARTS NOW HEY, I'M CRAMER. WELCOME TO "MAD MONEY. WELCOME TO CRAMERICA OTHER PEOPLE WANT TO MAKE FRIENDS, I'M JUST TRYING TO MAKE YOU A LITTLE MONEY MY JOB NOT JUST TO ENTERTAIN BUT TO EDUCATE PUT IT ALL IN CONTEXT. CALL ME AT 1-800-793 CNBC. TONIGHT WE HAVE A SHOW ON THE NETWORK THAT TALKS ABOUT THE MEME CRAZE AND HOW MUCH MONEY WAS MADE AND LOST FOOLING AROUND WITH STOCKS THAT WERE RUN AND GONE THAT WAS TOTAL MANIPULATION. IT'S RIDICULOUS HOW PEOPLE GET AWAY WITH THIS STUFF QUITE A DOCUMENTARY. AFTER A SEDATE DAY, THE DOW INCHED UP TWO POINTS NASDAQ GAINED .36% I WANT TO TALK ABOUT A DIFFERENT KIND OF MANIPULATION A GROUP OF SHORT SELLERS DID EVERYTHING THEY COULD TO PROMOTE FEAR, CREATING AN ATMOSPHERE WHERE MANY OF YOU FELT COMPELLED TO SELL STOCKS NEAR THEIR LOWS THEY ALL GOT AWAY WITH IT. THEN I NEED TO TALK ABOUT CRYPTO BECAUSE THERE'S CLEARLY STILL A LOT OF MONEY TO BE LOST HERE BEFORE THE WHOLE, SAD, UNREGULATED CHAPTER COMES TO AN END. I THINK IT'S DEFINITELY COMING NOW THAT THE SEC IS CRACKING DOWN ON STUFF. THEY FILED A MOTION FOR RESTRAINING ORDER TO FREEZE BINANCE'S ASSETS NOT ENOUGH OUTRAGE, LET'S SAY SUPERVISION. THAT'S OVER WITH I'M GOING TO GO OVER ALL OF THIS MANIPULATION BECAUSE I DON'T WANT YOU TO GET RIPPED OFF I VIEW THIS AS ACTUALLY MY JOB NOW BECAUSE HOW CAN WE MAKE MONEY TOGETHER IF YOU ARE JUST GOING TO LOSE IT IN THESESCAMS AND SCHEMES? SO WHY DON'T WE START WITH THE BANKING MINI CRISIS THAT FELL SILVER GATE, SILICON VALLEY BANK, FIRST REPUBLIC, SILICON VALLEY BANK. IT DIDN'T GET AS MUCH ATTENTION. THE FIRST WAS SILVERGATE WE DON'T KNOW THE CIRCUMSTANCES OF SILVERGATE EXCEPT THEY'RE TRYING TO BE THE BANK OF ALL THINGS CRYPTO AND BINANCE STRESSED THE BALANCE SHEET SILVERGATE NEVER RECOVERED ONCE CRYPTO ENTERPRISES STARTED IMPLODING WHY BECAUSE SAM BANK M BANKMAN FREED WAS THE FIRST OF MANY A FEW MEAN SPIRITED VENTURE CAPITALISTS PULLED THEIR MONEY OUT AT ONCE. THEN WENT BOHO ON TWITTER TO SINK THE BANK. IT WORKED BECAUSE THE DEPOSIT SPACE WAS SO VERY CONCENTRATED NOW SIGNATURE BANK THREE WEEKS LATER. SILICON VALLEY BANK, THEY WERE BUYERS BUT THE RUN HAPPENED TOO QUICKLY. FINALLY THERE WAS THE COLLAPSE OF FIRST REPUBLIC, MORE OF A SLOW SMOEGS BANK RUN THIS ONE GOT BOUGHT BY JPMORGAN. WHAT MATTERS IS IN THE WAKE OF THESE BANK FAILURES. WE HAD A CONCENTRATED EFFORT TO BRING DOWN THE ENTIRE BANKING SYSTEM LED BY SHORT SELLERS. I KNOW IT SOUNDS IMPLAUSIBLE BUT THE STOCKS OF YOUR COMMUNITY BANK, REGENTS, TRUIST, HUNTINGTON, CITIZENS, SEVERAL OTHER REGIONAL BANKS BE WERE CRUSHED BY THE SHORTS BY HEDGE FUNDS LEADING DOWN AND MAKING MONEY. IT WAS CHILD'S PLAY OF THE SHORTS IT MADE TONS OF MONEY. SADLY THEY ALSO ADVANTAGE WISHED THE REGIONAL BANK SHAREHOLDERS AND THEY'LL MAKE IT MUCH HARDER FOR CREDIT TO COME BY. WHY DON'T PEOPLE TALK ABOUT THIS I HAVE NO IDEA I'VE BEEN AROUND FOR A LONG TIME I KNOW THAT'S WHAT HAPPENED. IT SHOULDN'T HAVE HAPPENED I'M AGAINST IT TRUE FINANCIAL AND PAC CORP. AND SCHWAB TRADED AT $45 AND CHANGE THESE WERE BOTH BROKEN INSTITUTIONS WHEN WE HEAR ABOUT THEM GOING DOWN, PAC QUEST IS UP TO 8 BUCKS. WHEN TIMES WERE BAD. YOU COULDN'T HAVE A DAY WHEN PEOPLE TOLD YOU TO START MAKING IT SCHWAB IS ONE OF THE MOST SOLID BROKERAGE FIRMS OUT THERE. THEY HAPPENED TO OWN A SMALL BANK IT WAS TRASHED DAY AFTER DAY FIRST HORIZON, YOU'VE SEEN THEM BEFORE GOT A TAKEOVER FROM TORONTO DOMINION THEY WERE WILLING TO PAY $13 BILLION FOR THE INCHES CITY TULGS. BECAUSE OF UNSPECIFIED REGULATIONS THE DEAL WAS STOPPED. IT PLUMMETED FROM 15 TO 10, SINGLE SESSION TODAY FIRST HORIZON HELD AN ANALYST MEETING AND THEY FLEW BACK UP. SO WELL BELOW WHERE IT SHOULD BE SO WHAT ENDED THE BEARISH MANIPULATION OF THE NOT SO VEILED ATTEMPT TO GET REGULATORS TO SHUT DOWN THE BANKS AND PROFIT FROM THEM I THINK IT'S SIMPLE. IT'S CLEAR WE'RE NOT GOING INTO AERE SESSION THIS MORNING GOLDMAN SACHS LOWERED THE JUDGMENT PROBABILITY FROM 35% TO 45% AND THAT REALLY RESONATED THROUGHOUT THE ENTIRE MARKET THAT WAS WHERE IT WAS BEFORE THE SILICON VALLEY BANK COLLAPSE AT THE SAME TIME, THE ONES STRUGGLING SEEM PERFECTLY CAPABLE OF RAISING MONEY THAT'S WHAT MATTERS. LIFE BLOOD IF THAT'S WHAT MATTERS, I HAVE AN IDEA FOR YOU. I WOULD BUY THE STOCK OF MORGAN STANLEY WHICH IS STILL TRADING WHERE IT WAS DURING THE MINI CRISIS MY TRAVEL TRUST OWNS IT WE TOLD PEOPLE VERY VOCIFEROUSLY IT SHOULD BE HIGHER. IF YOU ARE GOING ON THE BANKS, REMEMBER HOW EASY IT IS FOR THE SHORT SELLERS TO SELL IT DOWN. NOW THAT SAID, IF YOU WANT REAL MARKET MANIPULATION, I HAVE A HE GOT IT FOR YOU YOU NEED TO READ THE SEC'S BRIEFS FILED AGAINST BINANCE IT SAYS THE CRYPTO EXCHANGE IS JUST LIKE FTX. SAM BANKMAN FREED'S FTX. I HAVE NO IDEA WHY ANYONE WOULD STILL KEEP THEIR MONEY WITH THESE GUYS WHO ARE BEING CHARGED FOR GENERATING A LOT OF TRADES THERE WAS SO MUCH APPALLING STUFF IN THIS BRIEF. I WANT TO CALL YOUR ATTENTION TO WHAT I CONSIDER ALL OF THE C COUNTERFEIT COINS. ADA, NATIVE OF CORDANA FIL. AT TOMORROW, THE NATO CRYPTO ASSET. SAN FROM THE ETHEREUM. MANA BY DECENTRAL LAND ALGO NATIVE OF ALGORAM AXIOM, AFFINITY, CODY. THESE ARE ALL POPPY DCOCK IF YOU ARE IN THEM, YOU'RE A FOOL ALL OF THE COINS ARE COUNTERFEIT. WHY BOTHER MENTIONING SNEM UNLIKE THE BANKS, THEY ALL SEEM TO BE SCAMS. I WANT YOU TO BE OUT OF THEM YOU SHOULDN'T, YOU'RE WRONG. I WISH SOMEONE WOULD HAVE TOLD PEOPLE MESSING WITH CRYPTO IT'S POSSIBLE TO LOSE EVERYTHING BECAUSE THERE'S NO REGULATION. THINK ABOUT THIS QUOTE FROM THE BINANCE CHIEF COMPLIANCE OFFICER WHO ADMITTED, QUOTE, WE ARE OPERATING AS A BLEEPING UNSECURED ENTITY, BRO. IT'S ALMOST A COMEDY THEY CAN'T POSSIBLY KEEP STAYING ONE STEP AHEAD OF THE REGULATORY POSSE. MAYBE YOU'RE FOOLISH ENOUGH TO GIVE THEM THE MONEY. MAYBE IT'S YOUR FAULT. EVER THINK OF THAT MAYBE IT'S YOUR FAULT. COIN BASE, NO OUTRIGHT FRAUD JUST UNREGISTERED DEALERS. ILL GOTTEN GAINS THAT'S WAD, TOO. THE WHAT DO YOU DO IF YOU ARE INVOLVED WITH THESE KINDS OF OUTFITS? THE SAME THING YOU SHOULD HAVE DONE WITH THE IPOs AND MEME STOCKS GET OUT NOW. GO BUY T BILLS IF I COULD HAVE STOPPED YOU FROM BUYING THE SPACS, I WOULD HAVE DONE MY BEST I CAN STOP YOU FROM DOING THIS OR I CAN TRY BOTTOM LINE SOMETIMES YOU GET STOCKS THAT ARE LOWER LIKE THE REGIONAL BANKS THEN YOU GET THE ASSETS THAT ARE HIGHER A HUGE CHUNK OF THE CRYPTO ECOSYSTEM, BOTH ARE AN AFFRONT YOU'RE NEVER GOING TO GET ANY CREDENCE ON "MAD MONEY" WHEN YOU DO THIS STUFF TO OUR VIEWERS I AM AFTER YOU AND I AM NOT DONE I'M GETTING STARTED. JOE IN OKLAHOMA. JOE. >> Caller: HEY,JIM, BOO-YAH. >> BOO-YAH, JOE. WHAT'S UP? >> Caller: HEY, SO I STARTED OUT A YEAR AGO AS A FIRM BELIEVER IN JIM FARLEIGH AND FORD. OVER THE LAST YEAR MY CONFIDENCE HAS STARTED TO WANE. WHAT SHOULD I DO WITH FORD >> I DON'T BLAME YOU YOUR CONFIDENCE IS WANING EVERY TIME THEY HAVE SO, SO MANY RECALLS THE STOCK SHOULD NEVER HAVE GOTTEN WHERE IT DID THAT'S A SHAME THAT IT DID I WAS PART OF IT I THOUGHT -- I SOLD SOME AT A HIGH LEVEL FOR MY TRAVEL TRUST I HAD BOUGHT IT BACK I THINK THEY'RE GOING TO DO 6 BILLION IN CASH FLOW, 2 BILLION IN CASH FLOW LET'S STICK WITH JIM FARLEIGH. I THINK HE KNOWS WHAT HE'S DOING. LET'S GO TO ZACH IN PENNSYLVANIA >> HEY, JIM. BIG BOO-YAH FROM THE EAGLES NATION HOW ARE YOU? >> Caller: I'M DOING GREAT I'VE BEEN SEEING A LOT OF STORAGE SHEDS GOING UP IN MY AREA, A LOT OF PEOPLE USING THEM, RENTING THEM THIS STOCK HAS A $3 DIVIDEND EVERY QUARTER. I'VE ADDED TO THE POSITION IS PUBLIC STORAGE A 20-YEAR SOLD >> YOU HAVE A HORSE SENSE. THAT IS A TERRIFIC SITUATION I VERY RARELY EVER SEE IT NOT AS HIGH IN THE STOCK MARKET I SAY BUY. >> CHARLIE IN IOWA, CHARLIE. >> Caller: MALTESE BOO-YAH, JIM. >> BOO-YAH, CHARLIE. WHAT'S UP? >> Caller: I'M A LONG-TIME VIEWER BUT A FIRST TIME CALLER >> GOOD TO HAVE YOU ON THE SHOW. >> Caller: I'VE OWNED QUALCOMM FOR A LONG TIME BUT I DON'T KNOW WHAT THE FUTURE HOLDS FOR IT. >> I DO. I THINK IT'S TIME TO SELL. THE STOCK IS SNEAKING UP NICE. GOOD PLACE TO GET RID OF IT. IT HURT ME VERY BARRED WITH MY TRAVEL TRUST IT LET ME DOWN IT COULD BE MY FAULT I PICKED A STOCK THAT DIDN'T DO WELL, BUT YOU KNOW WHAT, THEY'RE A LITTLE COMPLICIT, TOO. WHAT DO YOU DO IF YOU'RE INVOLVED WITH THESE KINDS OF CRYPTO OUTFITS, THE SAME THING YOU SHOULD HAVE DONE WITH THE SPACS, IPOs, BAD MEME STOCKS IT'S TIME TO GET OUT >>> WE'VE BEEN FOCUSED ON THE HOME BUILDERS. I'M CHECKING IN WITH ASAC. THEN IT'S DELL TACO TUESDAY. I'M CHECKING INWITH JACK IN TH BOX TO SEE IF IT MIGHT BE WORTH NIBBLING AT THE STOCK AND THE LAST 48 HOURS HAVE BEEN MAJOR FOR THE SEC AND CRYPTO SO I'M GOING STRAIGHT TO THE SOURCE TO WRAP OUR HEADS AROUND THE SITUATION. DO NOT MISS MY EXCLUSIVE WITH FORMER CNBC CHAIRMAN TIM MADISON. YOU WON'T BELIEVE IT STAY WITH CRAMER >> Announcer: DON'T MISS A SECOND OF "MAD MONEY." FOLLOW @JIMCRAMER ON TWITTER HAVE A QUESTION? TWEET CRAMER #MADTWEETS. SEND JIM AN EMAIL TO MADMONEY.CNBC.COM OR GIVE US A CALL AT
