Updated from 7:01 a.m. EDT
Chairman Ben Bernanke warned Congress on Tuesday of the grave consequences if lawmakers fail to pass the $700 billion plan to bail out the finance industry, such as higher unemployment and increased home foreclosures.
Bernanke reported to the Senate Banking Committee that inaction could leave ordinary businesses unable to borrow the money they need to expand and hire additional employees, while consumers could find themselves unable to finance big-ticket purchases such as cars and homes. Bernanke also stated that a recession would be inevitable without passage of the plan.
Stocks were all over the place on Tuesday, with big swings in both directions.
led the winners, while
With this in mind, we thought we'd take a look some of the top-searched stocks on
, and see what Jim Cramer's had to say about them.
(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned Goldman Sachs and General Electric for his Action Alerts PLUS charitable trust.)
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