Cramer's 'Mad Money' Recap: Citi's CEO Limits

Click here for an archive of Cramer's "Mad Money" recaps.

---

Jim Cramer, in celebrating the second anniversary of his "Mad Money" TV show Wednesday, said that every night he gives his sweat, blood and tears to help people make money. And because he considers his work truly important, he refuses to stop working even on a day of celebration.

He kicked off the show by whipping himself for not putting Citigroup (C Quote) CEO Chuck Prince on his "Hall of Shame" list earlier.

"I tell you every day, my job is not about making friends -- and I mean it," Cramer said.

Prince needs to be added to the list, and because this show is not about making friends but making money, Cramer will replace Bank of America (BAC Quote) as his top financial pick with Citigroup, as soon as Prince retires.

Once Prince leaves, Cramer believes that Citigroup could go up 9 points. And one more reason to like the company is its "juicy" 4.5% yield, he added.

Cramer reassured his viewers that his wrath against Prince is not personal; it's because Citigroup's stock hasn't done well since the chief executive joined the company, while other financials have performed well. Meanwhile, Prince has been paying himself millions and millions of dollars, he said. Prince took home $26 million in 2006.

It's time for Prince to get out, Cramer iterated, and then we'll see upside.