Cramer Quick Take: I Like Goldman More Than JPMorgan
Cramer said JPMorgan CEO Jamie Dimon will rise above the scandals and distinguish the firm as more than just a mortgage bank. He said if Dimon really wanted to turn public sentiment in his favor, the CEO should decline his bonus this year and prove that he's willing to do the work to turn things around.
As for Goldman, Cramer said that with mergers and acquisitions on a roll and new IPOs expected to surge this year, Goldman will be poised to prosper and separate itself from the pack.
To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here.
-- Written by Scott Rutt in Washington.
To email Scott about this article, click here: Scott Rutt