Reviewing CNBCs Jim Cramer's Apology & <i>Skeptical</i> Comment

vanity | 09/30/08 | self

[Terpfen]

People still listen to Cramer?

[jpl]

I certainly would never listen to this liberal Goldman Sachs hedge fund circus clown.

And needless to say, he's pushing hard for the bailout for all his old buddies. What more do you need to know.

[subterfuge]

This Cramer guy did the same thing with Bear Stearns and no one is talking about that. He told people to buy BS at $60 a share and then next day it was at a buck!

[Old Sarge]

[cricket]

. ..is Cramer a Democrat?

[Boiling Pots]

People still listen to *anyone* else?

Lessons learned from this fiasco: do your own due diligence. Relying on the opinions of others is never wise, as they cannot possibly have your own best interests in mind, or care as much about your assets as you do.

[cricket]

. ..is Cramer a Democrat?

[newfreep]

Is Cramer supporting the socialist bailout?

[Uri’el-2012]

. ..is Cramer a Democrat?

Of cause he is a democrat.

[curiosity]

You'd have to be mad to listen to this idiot. Unfortuantely, too many people do, and he has done irreperable damage.

He encourages retail investors to do exactly what they should not be doing: stock picking.

[screaminsunshine]

If they listen to Cramer they deserve to lose their money.

[LRoggy]

Cramer was Eliot Spitzer’s roommate at Harvard.

[Uri’el-2012]

Cramer was Eliot Spitzer’s roommate at Harvard.

Thank you ; In addition to being a democrat, he is a whoremonger.

[Tailgunner Joe]

Yes, he is. He prophesied worse than the Great depression if the bailout doesn't happen. "There was a president by the name of Hoover, okay. And no one thinks much of him now."

[Doug TX]

My first thought after reading this is that Cramer was trying to get buyers in the market so that he or his chronies could sell a large amount of shares.

His former roommate Spitzer would’ve at a minimum investigated him for that, maybe arrested.

[From The Deer Stand]

I’m skeptical about Cramer and I don’t apologize.

[uncommonsense]

You'd have to be mad to listen to this idiot. Unfortuantely, too many people do, and he has done irreperable damage. He encourages retail investors to do exactly what they should not be doing: stock picking.

Totally agree. Plus he encourages stock timing, as if the Joe's that listen to him have access to the pros real-time info and systems. He's got a horrible track record.

[cricket]

Thanks; I thought so. . .remember his imbroglio not toooo long ago; some ethical challenges per his 'sharing'/disclosing/reporting. Figured then; just another one. . .

Beyond 'looking like one'/lol. . .I had not paid him toooo much attention. . .

[CanadianMusherinMI]

Yes. Big fan of Dodd too.
See here: http://www.newsmeat.com/media_political_donations/Jim_Cramer.php