Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.

Image placeholder title

For his "Executive Decision" segment, Cramer sat down with Michael Corbat, CEO of Citigroup (C) - Get Report , which just held its first investor day in nine years as the bank continues its recovery from the financial crisis and subsequent recession. Shares of Citigroup are up 163% over the past five years.

Corbat said that Citi has a long history and good bones and has been getting back to their roots of serving clients with great banking services. Citi has sold over $800 billion in non-core assets and has exited many non-core businesses to focus on its customers and on growth.

Citigroup plans on returning $20 billion a year for the next two years to shareholders in the form of buybacks and dividends and has the regulators' blessing to do so, Corbat said. Their earnings projections are built on capital returns, business performance and one rate hike a year from the Federal Reserve.

Citi is now the global leader in payments, Corbat said, moving money for the Fortune 5000 companies in 160 countries around the world. They're also the largest issuer of credit cards in the U.S. and a leader in digital payments. With operations in over 40 countries, Citi is uniquely positioned to take what works in one region and move it to the rest of the globe.

Corbat also spoke highly of his bank's recent partnership with Costco (COST) - Get Report , calling the deal a great one for both companies.

Cramer asked the Citigroup CEO how he got through the dark days of the recession when his bank failed the government stress test not once, but twice.

Corbat said he's a 34-year veteran of the firm and is proud to lead his team. He said that many younger people are afraid to fail, but failing is how you learn. Corbat said he took responsibility for those failures, learned from them and investors can now see the results in his bank's performance.

Turning to the topic of technology, Corbat explained that with so many payments flowing through Citi every day, the company has huge opportunities to monetize the big data that they collect. Investments in technology will pave the way for the future, he said, which is why it's a great time to join the banking industry. Citi is finding great people that want to be part of that excitement.

Finally, when asked why he eschewed the executive suite for a cubicle with his team, Corbat said that he's a big believer in communication. Sitting with his team in an open space creates "constructive collisions," he said, and while some were skeptical at first, the team has seen the improvements firsthand.

On Real Money, Cramer says look out for companies that you may have written off by rote. Get his insights with a free trial subscription to Real Money.

Cramer and the AAP team say that Walgreens (WBA) - Get Report could face a serious challenge from Amazon (AMZN) - Get Report . Get in on the conversation and find out what they're telling their investment club members with a free trial subscription to Action Alerts PLUS.

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

To read a full recap of this episode of "Mad Money," click here.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.

At the time of publication, Cramer's Action Alerts PLUS had a position in C.