2 thoughts on “Please Don’t Listen to Jim Cramer”

  1. From the Huffington Post:
    Jim Cramer Shorting Stocks, Manipulating Markets, Saying The SEC Doesn’t Understand

    In “… this shocking 2006 interview Jim Cramer gave to TheStreet.com’s Aaron Task. … the host of Mad Money says he regularly manipulated the market when he ran his hedge fund. He calls it “a fun game, and it’s a lucrative game.” He suggests all hedge fund managers do the same. “No one else in the world would ever admit that, but I could care. I am not going to say it on TV,” he quips in the video.

    He also calls Wall Street Journal reporters “bozos” and says behaving illegally is okay because the SEC doesn’t understand it anyway. ”

    To read more of Cramer’s quotes from the interview and to watch the video click this link to the story:
    http://www.huffingtonpost.com/2009/03/11/jim-cramer-shorting-stock_n_173824.html

  2. Did he address his wrong picks exactly a week later or did anything lead up to it? When he said:”…you are not listening”, which I agree takes enormous balls, if you have not done anything about it earlier. Has he addressed his wrong picks throughout that dreadful week?

Leave a Reply

Your email address will not be published. Required fields are marked *

 

Subscribe without commenting