NEW YORK ( TheStreet) -- "The markets would have been up huge on earnings today," Jim Cramer told the viewers of his "Mad Money" TV show Thursday, "if it weren't for President Obama once again taking aim at the banking system."
Just like in the past, Cramer said the markets have sent Washington a message that increased regulation is not welcome on Wall Street.Cramer said Obama's proposed regulations do nothing but hurt any company that needs credit. The big investment banks were not responsible for the crisis, he concluded, it was the mortgage brokers and the insurers like AIG (AIG).
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