'Stop Trading!': Geithner's All We've Got

We need a Treasury secretary now, Jim Cramer says, and Timothy Geithner will have to do.
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"We are in a perilous time. We need to have a Treasury secretary," said Jim Cramer on CNBC's "Stop Trading!" segment on Wednesday. "We're spending way too much time talking about things I don't care about right now."

Cramer said his first choice for Treasury secretary would still be Sheila Bair, not Timothy Geithner, but there was no time to debate it. "We don't have any choice!" he said.

"This is a point of national crisis," Cramer said. "We cannot let this continue. Thank goodness for

Northern Trust

(NTRS) - Get Report

. There's a company that actually knows how to run a bank."

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

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