Is he new to this game? He's so naive you might confuse him with a White House economist.
The financials are "by far the worst performing group" in the S&P 500 index, down 3.98 percent in the last year and 25 percent over the past three years. These assets pay almost no dividends to the shareholders, yet these financial institutions feel it's appropriate to pay out record bonuses.
Cramer said the shareholders, not the employees, deserve this money. The people "showering themselves with money" didn't do something so "monumental" as to justify these paydays.
