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Mad Money w/ Jim Cramer 7/18/23

Mad Money w/ Jim Cramer

00:00

The Juggernaut Group: A Squatter

JB Morgan's become the savior of the Francis system again. Just like it was in the early 1900s, when it was the lender of last resort during panics. Similar back then, they also make a lot of money when they saved the day. This time was with First Republic. JB Morgan's already killing it with that franchise. But they only bought this thing for what will end up looking like I think pennies of a dollar.

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