This article was originally published Feb. 9

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"Meredith Whitney, not Tim Geithner, will determine the fate of the financials tomorrow," Jim Cramer told the viewers of his "Mad Money" TV Show Monday.

He said Whitney, a financial analyst at Oppenheimer, now packs more of a market-moving punch than even the new Treasury secretary.

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Cramer said the fate of the financial stocks, including whether they live, die or become perpetual zombies, all rests with Whitney, as hers comments are the only ones investors listen to and trust, given her long track record of being right on the financials.

Despite what plan or comments Treasury Secretary Tim Geithner may make, it's Whitney's comments that will move the financials.

Whitney, a long time bear of the financials, has advocated banks sell their most valuable assets in order to fund their misguided lending operations. This in stark contrast to Cramer's support of a forbearance plan, which would allow banks to keep their prized assets and instead get a temporary "pass" from the government to return to stability.

Last week, Whitney again told investors to not even consider owning banks on a equity basis. Cramer said any change in Whitney's stance on the banks would be huge for stocks like

Bank Of America

(BAC) - Get Report



(C) - Get Report


Wells Fargo

(WFC) - Get Report


JPMorgan Chase

(JPM) - Get Report

. But he said that shift in stance is not likely to come tomorrow, nor anytime soon.

Cramer: Taking Profits on Good Companies

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Cramer said there are only two banks what could potentially withstand Whitney's wrath. They are

Goldman Sachs

(GS) - Get Report


Morgan Stanley

(MS) - Get Report

, the only two banks he feels will be higher by Friday. Both stocks are in his

Action Alerts PLUS portfolio

Getting Smart Online

Cramer talked with Wally Boston, president and CEO of

American Public Education

(APEI) - Get Report

to learn more about that company's online education offerings.

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Boston feels the possibilities for online education are endless, especially given how technologically astute children are becoming.

He said studies have shown that students learn just as well online, sometimes even better, compared to traditional classrooms. Given the flexibility online classes offer, the benefits are substantial, he said.

Boston also noted that 67% of Americans now feel traditional colleges have simple become affordable, another trend playing in the company's favor.

Regarding the American Public's military offerings, Boston said 50% of their military students hear about the college from a friend. He said the new GI Bill, passed by the Bush administration, allows for higher tuitions and benefits to be transferred to a soldiers' spouse or dependents.

Cramer said he'd be a buyer of American Public on any pullback under $40 a share.

Know Your IPO

In this segment, Cramer examined the right way, and the wrong way, to play the planned spinoff by


(BMY) - Get Report

, which he also owns for his

Action Alerts PLUS portfolio, of its Mead Johnson baby products division under the symbol MJN.

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Cramer said he'd be a buyer of Mead Johnson, but only if he were able to get in on the IPO itself. Otherwise, he said, he'd take a pass. Cramer explained that with the deal priced between $21 and $24 a share, he'd be willing to pay up to $26 a share for some IPO action, but buying shares on the open market would prove costly.

Cramer used last year's IPO of


(V) - Get Report

to illustrate his point. He said getting in on Visa's IPO at $44 a share would still be yielding a profit today, but buying shares on the first day of trading would have that same investment trading flat.

Mad Mail

In this segment, Cramer was asked about buying

People's United

(PBCT) - Get Report

. Cramer said he's not recommending banks at this time. "I know better than to get in front of a snowplow," he said.

Cramer told a second viewer that he'd be a buyer of


(AA) - Get Report

ahead of strength in China.

Cramer told a third viewer that he'd look into

Marathon Oil

(MRO) - Get Report



(VLO) - Get Report

ahead of rising refining margins.

Lightning Round

Cramer was bullish on


(GOOG) - Get Report


Baldor Electric

( BEZ),

Research In Motion

( RIMM),

NYSE Group



Fortune Brands

( FO),


(MA) - Get Report


St Jude Medical




(BG) - Get Report






(MOS) - Get Report


Terra Nitrogen



He was bearish on

American Superconductor

(AMSC) - Get Report


Boston Scientific

(BSX) - Get Report



(ADM) - Get Report


Check out the latest edition of

"Cramer's Take onTop-Searched Stocks" on Stockpickr.

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At the time of publication, Cramer was long Goldman Sachs, Morgan Stanley, Bristol Myers.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or is related to the specific opinions expressed by him on "Mad Money."

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Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.