The analysts like Greenberg are neck deep in this. They and their hedgefund buttbuddies work together on these naked shorting scams back and forth.
An example, Cramer pumps Sears holdings to get people to buy into it, then down the road, Greenberg trashes it once massive short positions are put on it. The hedgefunds reward them nicely.
No shock to see Jim Cramer's company, thestreet.com and its analysts, one of the companies being sued in the overstock.com case.
Cramer has back channels to many hedge fund buddies, and just like Greenberg, is involved in this as well. Cramer used to run hedgefunds with his wife who was a big wallstreet trader. His wife is the true brains behind the organization and he makes sure to keep her out of the limelight.
His mad money show and action alerts thing is just the front to make his dealings look more legit.