The question on Cramer's show was about taking money out of Bear Stearns, the Bank, and not holding BSC, the stock.  Cramer has been pretty much negative on all financials.

The misunderstanding is that Cramer did not overtly say he was referring to money in Bear Stearns, the Bank, and was not giving an opinion on BSC, the stock.  Plus, during the show, a graphic of the BSC chart is shown, which more confused the issue.