Cramer's 'Mad Money' Recap: Preparing for the Selloff

-- In the "Executive Decision" segment, Cramer sat down with Niq Lai, CFO of City Telecom (CTEL), a regional telco provider serving Hong Kong, and a company with a 4.2% dividend yield.

-- When asked how the company can be so successful while U.S. carriers struggle, Lai said that the key is density. In Hong Kong, he said, there are 16,000 people per square mile, compared to just 80 in the U.S.