Cramer's 'Stop Trading!': Dimon in the Rough

JPMorgan CEO Jamie Dimon is willing to "tell it how it is," says Jim Cramer.
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On Thursday's "Stop Trading!" segment on CNBC, Jim Cramer called JPMorgan Chase (JPM) - Get Report CEO Jamie Dimon, whom host Erin Burnett had interviewed earlier on her show, "confident" and "a great banker."

"I want to buy Jamie Dimon because he's actually willing to come on Erin Burnett's show and tell it how it is," said Cramer. "That he came on is meaningful. That he's not hiding is meaningful." He said coming on the show showed confidence, while "the other guys are hiding!"

Dimon told Burnett that he didn't want

Morgan Stanley

(MS) - Get Report


Goldman Sachs

(GS) - Get Report

to merge. "I think that's wrong," said Cramer. "Goldman and Morgan together would be a very formidable foe of his company, so I don't blame him for saying that the merger shouldn't happen."

At the time of publication, Cramer was long Goldman Sachs, JPMorgan and Morgan Stanley.

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