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Jim Cramer's 'Stop Trading!': GM Can't Fail

General Motors (GM - Get Report) CEO Rick Wagoner doesn't know how to tell his own company's story, Jim Cramer said Friday on CNBC's "Stop Trading!" segment.

Wagoner was interviewed earlier on the network and asked to compare his company's situation with Lehman Brothers, the investment bank that filed for bankruptcy in September.

"He has far more jobs on the line than Lehman," Cramer said. "What he didn't say is the system is riddled with GM paper and with GMAC paper."

Were GM to become insolvent, that could lead to a global meltdown in the trust of the U.S. system, Cramer said. "Can't let it fail," he said of GM. "It cannot fail."

Also, Cramer said Fluor (FLR - Get Report) should consider acquisitions and become "the ultimate infrastructure company."

At the time of publication, Cramer had no positions in stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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