Mad Money w/ Jim Cramer Cramer’s 20th Anniversary Special: The Rant That Shook Wall Street 12/5/25
Dec 5, 2025
Celebrate a milestone with a deep dive into Jim Cramer's infamous 2007 rant that shook Wall Street. Discover the backdrop of the financial crisis and Cramer's urgent calls for Fed action amid rising fears. Hear his investigations into mortgage troubles and backlash from critics, including satire on The Daily Show. Reflect on the market's dramatic downturn and the impact his warnings had on investors. This retrospective reveals how one passionate moment defined a pivotal time in financial history.
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Fed Rate Hikes Fueled The Mortgage Crisis
- Jim Cramer argues the Fed's repeated rate hikes set the stage for a credit collapse in 2007.
- He connects rising rates to deteriorating mortgage credit and spreading defaults that the Fed ignored.
Phone Calls That Proved The Problem Was Widespread
- Jim Cramer recounts calling mortgage bankers and firm heads and finding identical warnings about 2005-vintage loans.
- He says his calls left him "ashen" as he realized the problem was widespread.
Fed Complacency Versus Market Reality
- Cramer criticizes Fed officials for being academic and disconnected from market realities.
- He insists the Fed needed to listen to firms and open facilities to stop systemic failures.
