The question was if he should get his money out in terms of liquidity. He was talking about his Bear account. People are attacking him because they aren't knowledgeable about financial terminology, anyone who understands what Bear Sterns is (an investment bank) understood what that question meant and what he was saying. Dont attack Cramer for something as dumb as not understanding the terminology.
Cramer did make these statements about Bear, but he claims he was saying not to take your money out of Bear accounts--NOT the stock. Seems a little weak to me.
I'll give credit to Cramer though for calling the top and bottom during the crisis. That more than makes up for this Bar Stearns shit.
Is it just me or does it seem like this was edited to make a false accusation? I feel like Cramer was being sarcastic or something. If I were to see a full clip, I would form an opinion, but this to me seems like Cramer was cheated a little bit.
I think Cramer knows how influential he is and how many viewers watch his show. Maybe he just tried to prevent any sort of self-fulfilling prophecy. In the end that's exactly what happened when Moody's announced Bear's downgrade. Investors got scared, repo loans were out of the question. Without any form of liquidity Bear Stearns was bound to default! This is just my opinion. Maybe you guys are right and Cramer simply is stupid! :)
Hi People. I know this comment is not related to the video, but our company is going under (incl all my saving) and this is my desperate last resort to promote our iphone app. it's called "FS Viewer" and "Analyst Rating Tracker". u'd be saving two lives if u downloaded either one of these apps..thanks a lot.
I think this is a joke. I mean it's not like a serious person would listen to Cramer. Let alone when the share s plunging down like a distressed penguin.
Just another way the media is used to lie to you. What a w****r though, shouting his head off making people question themselves. Problem is if he quit or got sacked he'd only be replaced with another puppet. Better the enemy you know. Society is sick, politicians can stand there and lie and no one bats an eye lid and they can go on to run for president, disgusting. One day people will educate themselves instead of cheering mindless statements and realise we the people have the power in masses.
Who saw it coming? not you Cramer you said Bear Stearns is a safe investmen right before if collapse Peter Schiff, Max Keiser, Gerald Celente, and many others saw is comming in 2005- 06 but not you you are a moron Jim.
The difference is... Me i look at his recommendations and take a look myself if it good or not. If you idiot just randomly place money without looking at stuff urself it is your own problem. Anyway leetnesstuff i doubt you have the age to know how investing work... (or maybe too old since you rly cant find how a computer board works)
Cramer's job is to educate, teach, and ENTERTAIN. Obviously he isn't right all the time, who the hell is? Nobody. It is quite amazing to watch him recommend smaller stocks on his show and see uneducated sheep bid up those stocks in the after hours...probably the same ones complaining about him on this video. Get educated and DO THE HOMEWORK BEFORE BUYING!
hahahaah who ever listen to this bs jew just committ suicicde ahahahahahah fuk this dum jew.i havea prediction there will be more financial collapse in the future i ll say 2 more . so convert ur stock to money and stop gambling with ur life saving
LOL HE HAD CNBS ON LIKE 24/7 IN THAT SAME ROOM HE THOUGHT HE WAS HOT SHIT KID WAS HUGE LOSER AND HE WENT AROUND TELLING PPL "I WAS A TRADER" *PALM ON FOREHEAD*
IF jim WAS 10% THE KIND OF GUY HE PRETENDS 2 B ON TV, HE WOULD BE AN UPPER-MILLIONAIRE OR EVEN BILLIONAIRE LIKE A MR. ICAHN, MR. BUFFETT, ETC. ETC. (WHO BTW DON'T READ TELEPROMPTERS OR EVEN ACT LIKE CHARLATANS WHEN THEY'D BE JUSTIFIED IN DOING UNLIKE MP jim)
jTHE ONLY PPL WHO PAY ATTENTION 2 THIS GUY R 40 YEAR-OLDS WHO LIVE IN THEIR MOMMY'S BASEMENT WITH A FOREX/E-TRADE/ETC. ACCOUNT THINKING THEY'RE SOME GORDON GEKKO (THEY THINK THEY'RE GUNNA B MILLIONAIRES, LET ALONE LISTENING 2 THIS FUCKUP jim) AMD WHO GO AROUND TELLING PPL THEY'RE "TRADERS" (LOL!)
I KNEW SOME LOSER LIKE THIS; HE HAD THIS TINY ROOM WITH A COMPUTER AND IT HAD ALL THOSE GRAPHS AND STOCK MOVEMENTS, ETC. HE THOUGHT HE WAS HOT SHIT LIVING IN HIS MOMMY'S BASEMENT MAKING $0-$10K A YR
jim MENTAL PROBLEMS cramer IS LIKE SOME1 WHO PLAYED MINOR LEAGUE BASEBALL, UTTERLY FAILED AT IT, GOT A JOB 2 READ TELEPROMPTERS ON BASEBALL, ALL OF A SUDDEN THINKS HE 1) HAS A REAL JOB 2) HAS A JOB THAT REQUIRES MORE THAN 2 BRAIN CELLS SO NOW ALL OF A SUDDEN, LIKE A TRUE CHARLATAN, TALKS/ACTS LIKE 1) HE WAS NEVER A MINOR LEAGUE FAILURE, AND 2) AS THOUGH HE WAS A MLB MVP HALL OF FAMER
CNBS = ALL FUCKUPS. U CAN READ TELEPROMPTERS, BUT DON'T ACT LIKE THE POLAR OPPOSITE OF WHAT U R
Cramer is an entertainer and a great one at that. The problem stems from people not understanding this and following his suggestions. It's like watching wrestling on TV. However, I do have to admit as an entertainer he should be more careful showing a stock graph like BSC and then saying he was talking about the bank deposits. Even as an entertainer he needs to be more careful.
All you have to do is watch his show.He is clueless and he is even hoping for another government stimulus to pump up the economy. He is completely disconnected from reality!
These people (CNBC) are just like everyone else in Washington. Just borrow more money and everything will be fine.
This guy is far from an idiot. Only a true idiot would accuse him of such. He KNEW full well what he was doing. He IS however a crook. A very wealthy crook. And he got that way by using his financial acumen as well as little dirty tricks like the one (used by many in the pass) he pulled in this video.
@drbayoms Only an idiot would suggest that another stimulus would help get the ball rolling again when after today's 512 point sale off it's clear that nothing they have done has fixed anything,just made it worse. He,just as everyone else wants their money and they dont care how they get it!
"An idiot, dolt, or dullard is a mentally deficient person, or someone who acts in a self-defeating or significantly counterproductive way" (From Wikipedia) Cramer's picture should be added beside that!
Cramer is a millionaire who uses his Harvard education to screw people over and make millions of dollars. Is he an idiot? No. Is he an arrogant, dishonest low-life? Yes. Take your emotions out of it. He is a douche bag, but NOT an idiot.
DOESN'T MEAN SHIT DUMBASS. THIS GUY READS TELEPROMPTERS FOR A LIVING AND FAILED IN HIS PAST LIFE LIKE COCAINE DRUGGIE KUDLOW AND FAILED HOLLYWOOD ACTRESS FRANCIS
AT HIS TIME, TO GET INTO HARVARD WAS LIKE GETTING INTO A TIER 2 SCHOOL TODAY. THIS GUY IS A FUCKING IDIOT AND THE QUINTESSENTIAL CHARLATAN. FAILED HEDGE FUND GUY. THAT'S WHY HE READS TELEPROMPTERS FOR A LIVING
@drbayoms READING TELEPROMPTERS IS A DEAD END JOB AT A DEAD END INDUSTRY -- YOU READ ENGLISH OUT LOUD AND HAVE 0 SKILL SET. IF YOU MADE A RESUME AS A TELE[PROMPTER READER IT'D BE: "READ ENGLISH OUT LOUD. PRETENDED TO BE AN EXPERT BY ASKING QUESTIONS." THIS GUY IS A TOTAL DOUCHE. THE END OF THE ROAD FOR A TELEPROMPTER READER IS BEING LIKE A DRUGGIE KUDLOW (STILL A TELEPROMPTER READER)
@drbayoms HE WAS A 'STOCK BROKER' FOR GOLDMAN SACHS. THAT'S ANOTHER WAY OF SAYING 'PRIVATE WEALTH MANAGEMENT'; A STOCK BROKER IS A GLORIFIED WAY OF SAYING 'COLD CALLER' WHICH IS A GLORIFIED WAY OF SAYING 'HARASSING BADGERER'
THIS WAS NOT AN INVESTMENT BANKER M&A OR A TRADER -- THIS IS A DOUCHE W/ MENTAL PROBLEMS "RARA RARRA RARAA AAH SELL SELL SELL BUY BUY!" THIS GUY DOESN'T KNOW WTF HE'S BLABBERING ABOUT SOME DOUCHEBAG STOCK BROKER BECAME TR
@drbayoms I REMEMBER LIKE 3 WEEKS AGO THEY HAD MR. ICAHN ON. I THINK IN PERSON. I'M PRETTY SURE IT WAS MR. ICAHN OR ONE OF THE TRUE RESPECTABLEA ND NOBLE ELEETS IN WALL STREET (UNLIKE SCUMBAG jamie dimon -- ANYONE WHO DOES HIS ILLEGAL/UNETHICAL SHIT CAN MAKE EQUAL IF NOT MORE) AND SOMEONE AT CNBS WAS LIKE ASKING HIM QUESTIONS, ALMOST LIKE HE (A TR) WAS TRYING TO EDUCATE HIM I WAS LIKE SHAKING MY HEAD IN DISBELIEF
READING TELEPROMPTERS DOES NOT EQUAL TO EXPERT AT ANYTHING
So you criticize Cramer for reading from a teleprompter while at the same time filling this entire page with grammatical errors and misspelled words? I wish you would read from a teleprompter. That way I can decipher what exactly the hell you are ranting about.
Carl Icahn is respectable? You really are ignorant.
@drbayoms OK. SO MUCH TO SAY MY ELEET BRAIN IS CLOGGED.
OK. FIRST OF ALL, YOU'RE A DUMBASS. HE READS TELEPROMPTERS FOR A LIVING AND PRETENDS LIKE HE'S A -- GUESS WHO? -- MR. ICAHN OR MR. BUFFETT. IF HE WERE EVEN 10% WHAT HE TRIES TO PASS HIMSELF OFF AS ON TV, HE WOULDN'T BE READING TELEPROMPTERS FOR A LIVING, HE'D BE A BILLIONAIRE HEDGE FUND GUY (NOT A NOVICE FAILED ONE; THAT'S Y HE'S AT CNBS)
I'M A STB RED
ANYONE WHO READS TELEPROMPTERS FOR A LIVING AND PRETENDS TO BE AN EXPERT IS A
@drbayoms DOUCHE AND A CHARLATAN. THIS IDIOT GLAMORIZES SCUMBAG jamie dimon SO EVEN AS A TELEPROMPTER READER HE'S A FAILURE LIKE HIS NOVICE HEDGE FUND THING THAT FAILED
MR. ICAHN ACTUALLY NEEDS GENIUS AND SKILL TO DO HIS WORK YOU STUPID FUCKIN' IDIOT. HE MAKES A LOT OF MONEY AND IT'S NOT BECAUSE OF SCUMBAG WEASEL PVC SHIT LIKE SCUMBAG jamie dimon, OR A FAKE CHARLATAN JOB LIKE cramer WITH THE MENTAL PROBLEMS
cramer = READS TELEPROMPTERS, PRETENDS LIKE HE'S A MR. ICAHN
@drbayoms DO ME A FAVOR, GO APPLY FOR A JOB AT SCUMBAG jamie dimon's COMPANY GO APPLY FOR 'PERSONAL BANKER' OR 'BRANCH MANAGER' YOUR DEMENTIA AND STUPIDITY WOULD FIT RIGHT IN THERE' A chase BRANCH ON EVERY BLOCK WITH SCUMBAG JAMIE UNDERLINGS DOING HIS PVC ABDGERING WORK FOR HIM GO APPLY FOR A JOB THERE YOU'LL FIND SIMILAR LOWLIVES LIKE U I'M SERIOUS
@drbayoms 1) COMING FROM A DUMBASS WHO THINKS MR. ICAHN IS NOTHING AND A TELEPROMPTER READER WHO UTTERLY FAILED AT LIFE AND AS SOME HF WANNABE CARRIES NO WEIGHT
2) IT'S CNBS
3) AGAIN, A TELEPROMPTER READER AT CNBS = PRETEND MR. ICAHN/MR. BUFFET
@tonytouchzz YOUR MOM LOVES IT WHEN YOU CALL HER DEAD EVERY NIGHT ;)
HAVE FUN WATCHING THIS FUCKUP AT CNBS WITH MENTAL PROBLEMS: "NO! NO! NO! BUY! SELL! BEAR STEARNS RARARARARARARARARA!"
THIS GUY IS A FAILED HEDGE FUND GUY. ANYONE CAN START A "HEDGE FUND" IT'S EITHER IT'S LEGIT AND WHETHER YOU KEEP IN AFLOAT. I'M A SOON 2 B *CRED (SAME LEVEL AS HF) AND EVEN IF I'M A MEDIOCRE 1 I'LL BE EXTREMELY SUCCESSFUL
@tonytouchzz YEAH YOU MADE "$800K" LISTENING 2 THIS FUCKUP
YOU'RE A TOTAL DEGENERATE LIKE THIS jim MENTAL PROBLEMS CRAMER
YOU MADE $800K
FUCKIN' IDIOT
THE ONLY PPL WHO WATCH CNBS LIKE U ARE 40 YEAR OLDS LIVING IN THEIR MOMMY'S BASEMENT CALLING THEMSELVES A "TRADER" OR "STOCK BROKER" (HS/GED BADGERER COLD-CALLER JOB) WITH SOME FOREX ACCOUNT
THEN WHEN U GO OUT U TRY TO PICK UP CHICKS BY SAYING YOU'RE A "TRADER" WHEN YOU MAKE -$5,000 - $10,000 A YEAR
@tonytouchzz D END LIFE IS JUST AS MUCH AS A FUCKUP AS YOUR ABILITY 2 LIE
ANY1 WHO READS TELEPROMPTERS 4 A LIVING IS A FAILED PERSON; THEY WOULDN'T BE READING TELEPROMPTERS OTHERWISE
jim MENTAL PROBLEMS CRAMER IS LIKE SOMEONE WHO PLAYED MINOR LEAGUE BASEBALL, FAILED AT IT, READS TELEPROMPTERS THAT HAPPENS 2 DO W/ BASEBALL NEWS, AND ALL OF A SUDDEN THINKS/TALKS LIKE HE'S LIKE A BASEBALL MAJOR LEAGUE HALL OF FAMER
HE'S NOT. HE GLAMORIZES SCUMBAGS, AND HE'S GOING 2 SERVE TIME IN JAIL REGARDLESS
@tonytouchzz OF WHETHER 'GRAND MAIN EVENT' A OR B HAPPENS
LOOK AT ANYONE AT CNBS: ALL HAVE EITHER NEVER HAD A JOB IN MARKETS/FINANCE/NO SECURITIES LICENSES AND/OR WAS LIKE THIS FUCKUP AND FAILED, SO NOW HE READS TELEPROMPTERS AND ASKS QUESTIONS; SOMETHING A 16 YEAR OLD CAN DO
ANY1 WHO WATCHES CNBS LIKE U ARE TOTAL HUGE LOSERS -- I BET YOU HAVE THESE SOCIAL MEDIA STUFF AND U PUT ON THERE: "OCCUPATION: TRADER"(LOL!) WHEN U SIT ON YOUR FAT ASS IN UR MOMMY'S BASEMENT WITH A FOREX ACCOUNT
@tonytouchzz ON 2 BE COMMERCIAL REAL ESTATE DEVELOPER*, AND EVEN IF PPL ASK ME WHAT I DO 4 A LIVING I'M NOT GOING 2 TELL THEM -- THE ONLY PPL WHO GO AROUND TELLING PPL WHAT THEY DO (ALMOST ALWAYS A LIE) R LOSERS LIKE U WHO HAVE DEAD-END LIVES
WHEN I BECOMES A CRED* I WON'T TELL ANYONE WHAT I DO 4 A LIVING -- ONLY LOSERS NEED 2 PROVE THEMSELVES LIKE THAT. IN FACT, EVEN WITH $100M+ I WON'T EVEN WEAR LAVISH CLOTHING IN PUBLIC
YOU'RE A LOSER "$800K" LISTENING 2 THIS FUCKUP SHOWS HOW DEMENTED U R
@Eleetnessful well... think whatever you want but i doubt anyone take seriously what an idiot that pass his life on youtube and who dont know how to take cap lock off says. to this, goodluck with your invests (if you are able to fill up a registration to start investing since you cant even find the caplock button on your board) GL...
jim MENTAL PROBLEMS cramer: "BEAR STEARNS IS FINE! RARARARARARARARARARARARA!"
YOU: "DEHHHHH DEHHHH BEA-BEA-BEA BEA THTEHH THTEHHH THTEHHH FAIII FAIII MU MU MUSS MUSTT BA BA BAI *DEMENTED TYPING ON KEYBOARD ON FOREX ACCOUNT* *DEMENTED CLAPPING*"
2 WEEKS LATER ON YOUTUBE
"I MADE $800K FROM jim cramer"
STUPID IDIOT. NO1 BELIEVES U. GO BE A TELEPROMPTER READER AND READ ENGLISH OUT LOUD YOUR DEMENTED IQ LIKE jim MENTAL PROBLEMS IS COMPARABLE
@tonytouchzz OH YEAH! UGLY RATFACE ERIN = FIRED AND GETTING A JOB AT NPN (NIGGER PANTHER NETWORK) SHE PROBABLY GOT SOME GENITAL HERPES NIGGER STD JUST BY SITTING ON A CHAIR THAT A NIGGER SAT ON LOL
I'D WEAR A GASMASK (MUTATED STD BY NIGGERS) AND CARRY A FUCKEEEEEEEN TOWEL AND SHIT TO PUT DOWN WHENEVER I SIT ON A CHAIR LOL
@tonytouchzz jim IS LIKE SOMEONE WHO PLAYED A MINOR LEAGUE SPORT, FAILED UTTERLY, THEN GOT A JOB AT A SPORTS NEWS TELEPROMPTER READER AGENCY, AND ALL OF A SUDDEN THINKS HE'S MICHAEL PHELPS OR SOMETHING. HE'S NOT, HE'S A TOTAL FUCKUP AND HE'S GOING 2 JAIL SOON
ALL OF CNBS ARE LIKE PPL WHO NEVER PLAYED A SPORT, READS TELEPROMPTERS 4 A LIVING, AND ALL OF A SUDDEN TALK LIKE THEY'RE MICHAEL PHELPS OR SOMETHING
99% WILL IETHER GET LOCKED UP OR FIRED+PERMANENT BAN
This charlatan is the EPITOME of a teleprompter reader on cnbs -- talks out of his ass, and he also glamorizes jamie dimon. This guy is a fuckup and a failed "stockbroker" which is a glorified way of saying: "cold-caller harasser badgerer"
Him glamorizing jamie is like someone glamorizing kenneth lay even as a teleprompter reader he's a fuckup and so is ratface erin who is RIGHTLY fired AS A TELEPROMPTER EADER!!
Great video, good advice. I want to try a site that picks sicks that are going up and sends them to you in advanced. Has anyone here ever used the website (w.w.w) stealthtrades (.) com ? I've heard it's the best stock pick website around but wanted to get feed back from some of you guys. If any of you have used it and got positive results please leave a thumbs up on this comment. Thanks everyone.
Clearly the viewer was asking about Bear Sterns liquidity and being able to get his money out if there was in fact a bankruptcy. Both Jim and the viewer (if they were on the same page) ultimately knew what was going to happen and the view was wondering if his assets were safe, not if he should sell the stock. Jim said "they're more likely to be taking over", so clearly he was referring to the safety of the viewers assets. You people are retarded.
@oddieamd no "you" people are not retarded. I completely understand what your saying, but Cramer tol the viewer NOT to sell his stocks in Bear Sterns. Anybody with half a brain would sell their stocks if they believed that the company in which those stocks were part of was going to go bankrupt, and you just said that both "Jim and the viewer ultimately knew what was going to happen."
@97tennis But neither Jim nor the viewer seemed to be talking specifically about the stock, so that is the impression I got. Understandably, it is up for debate but it's all in the past now.
lol look at this ugly ratface erin. Anyone who goes to work reading teleprompters for a living and asking basic questions AND at the same time neglecting to be cognizant of this but instead acting like a charlatan is called being a true fuckup. NO ONE who has a normal IQ watches cnbs and listens to kokehead kudlow for economic advice or this jim shithead for stock advice. This is a charlatan channel filled with failures and fuckups
jim has mental problems. You can't tell me that someone who shouts like a charlatan for an hour a day is normal:
fuckup francis: failed Hollywood Actress (and failed solo host)
kokehead kudlow: failed politician wanabe, gets some Economist job at age like 50 without ever having been an Analyst/Associate, etc. (the loser is into titles) and then gets FIRED, RIGHTLY from there
maria: fuckup 38+ waist
jim: failed ACTUAL Hedge Fund guy became stockbroker (hs/ged) became teleprompter reader at cnbs
Yes, the real cost of manipulate the open market can be very costly. It can cause more than a nation GDP, say 39 billion USD? Can you stop listen to your children/grandchildren? What the fudge do they know about market and economy? Do you even know it yourself? Be rational, please.
Just looked at the magnitude of these thing and stop worrying on the small stuffs.
the root of the problem is what? housing crisis or Bear Sterns lack of cash?
Is it the people problem if the government back up their loan of pursuing owning a home that are 40 times their yearly earning? and noted that earning as well as market price can change? Government have no choice but to guarantee these loans regardless of market value. Bailing out these financial giants are inevitable.
The Ponzi scheme Federal Reserve is mathematically shown to steal $8.4 trillion in 2010 from the people by hiding the sale of Treasury securities from Congress. Is that what they call embezzlement ? Look at 3w scribd dot com, message 49040689 .
I believe he did this because if people take all their money out the bank is definitely going to go down. Or he's just a douche and doesn't know WTF he's talking about.
Get the stock market direction for the week before you trade , stop losing money get it every monday morning at matrixtradingclub ,beat the market everytime. try it now for 1 week.
@MarketsandPolitics Oh right, you and all the other dimwits have made returns north of 20% managing a hedge fund every year for over a decade? It's funny how stupid people are, I won't even go into detail further explaining myself.
Lol, it's funny to see someone here defending Cramer and what he really meant to say. He lost people lots of money and every time he's on tv he has a disclaimer. Modern day dan dorfman. This will end in tears for many.
Bear Stearns was fine. JP Morgan and Bank of America shorted it and spread false rumors to make a quick profit, when Bear Stearns had the same "worthless debt" as everybody else.
@galenct Bear Stearns wasn't fine because like you said it had "worthless debt." Why would anyone invest in a company that was mostly backed by uncollectible loans? Just because other companies had the same kind of trouble doesn't mean that Bear Stearns was fine. Now THATS silly!
@hojoleon Nobody really knows what is going on within wall street elite financial institutions. I can tell you this though, they work hand in hand with the Fed but they cannot sustain market forces. Market forces ultimately dictate the rules and at some point in time, they overwhelm these ponzi banks. Who is next? Bofa, CITI, Goldman, JPM, and whole score of investment houses. They will go down...at some point in time!
I can't believe this idiot is allowed to stay on the air in any way, shape or form. A loud-mouthed ignorant moron, that the herd/sheep still listen to.He should never show his face again in the financial sector!
The one thing that is clear is Mad Money is an equity investment show in which Cramer gives his analysis on specific equities and the overall market. People call in and Cramer gives his analysis of specific equities with a price chart brought up. When Cramer said "Bear Stearns is fine" with the Bear Stearns stock chart on the screen on 3/11/2008 priced at $62.97 up over 1% from the previous close he was clearly wrong. (Bear Stearns was not fine).
You guys bashing cramer have things pretty twisted. Cramer is the real deal NOT ANY TYPE OF CROOKl. He is an absolute genius when it comes trading and investing. He has made many many people, along with himself, lots of money over the years. He is of course wrong at times, which anyone who knows anything would understand . Its a joke that somehow he has become a sort scapegoat for the recent crash. The truth is that he is just out there trying his hardest to make people .money
THIS GUY JIM CRAMER IS ILLEGALLY MONITORING MY PERSONAL LIFE. EVERYONE THIS IS NOT A JOKE. JUST REMEMBER THE FACT THAT SOMEONE ON YOUTUBE SAID THAT JIM CRAMER ALONG WITH CNBC ARE ILLEGALLY MONITORING HIS PERSONAL LIFE. THIS GUY WILL GO TO JAIL SOON. NOT A JOKE.
Actual Crammer was right. The person never said he owned stock in Bear Sterns. He stated should he get his money out of Bear Sterns as in close his account with Bear Sterns. The fed did take over Bear, and all accounts with Bear were unaffected when it was acquired by acquired by JP Morgan Chase. So as much as I don't like Crammer, he was correct in this case.
@jiveturkeyusa It's clear what the statement was. People pull their money out of financial institutions when they believe that institution is insolvent. If the person would have said "should I SELL everyone would have know it was a stock question.
@jiveturkeyusa The Federal Deposit Insurance Corporation FDIC covers $150,000 of a depositors BANK account. Bear Sterns wasn't a bank, it was a brokerage firm Investor accounts are protected under the Securities Investor Protection Corporation SIPC.
@xpandergt Crammer was right. Bear was taken over by JP Mogran Chase, and people who had accounts with Bear Sterns didn't lose a penny. Their accounts are now with JP Morgan.
@xpandergt LOL You are fooling yourself. The conversation does not make any sense under your assumption. The caller and Cramer were both talking about the liquidity of Bear Stearns stock., not the liquidity of brokerage account. ps FDIC covers $250,000.
@jiveturkeyusa The liquidity of Bear was questioned just like the liquidity of a bank. People do make a run on banks and pull their money out if they feel the bank is in trouble. This is not a hard concept to embrace. Crammer always put a stock chart of a company he talks about. Your logic is flawed beyond belief. I have a family member who asked me back in 2008 should hey "pull their money" out of AIG. I told her that her annuity was going to be fine, the company was bailed out. Learn
@jiveturkeyusa I forgot FDIC increased their limits, simple mistake. What happens when failing banks have liquidity problems?They are taken over by the FDIC. Do people lose all the money in their accounts?NO So you haven't proven anything that I or Crammer said that was wrong. Just tell me that people who had accounts with Bear weren't protected, so I can have a good laugh.
@jiveturkeyusa Checkmate? I didn't know we were blacking chess. I'm a checkers person myself. quote me in saying that bear or crammer was right about the condition of bear sterns. My issue from the very first post was about the emailer's account a bears not the strength or solvency of bear itself. Also Crammer did say that if Bear wasn't alright, it would be BAILED OUT OR TAKEN OVER. So you can check your mate at the door.
@xpandergt People that purchased Bear Stearns stock; often based on Jim Cramer's (not Crammer) advice immediately saw their investment values plummet dramatically. This loss was not covered in any way. If you are in denial that Jim Cramer suggested buying Bear Stearns stock please refer to my previous comment.
@VAFranky Thanks for pointing out the extra R i placed in "Cramer"s" name, I'm sure the youtube community and yourself can rest easier now that it has been pointed out. Give yourself a high five. As for you comment about "denial". I have been point out something that you appear to have a problem coming to grips with. It's called "THE TRUTH". Maybe comprehension isn't one of your strongest points, I don't know.
@xpandergt I would've let the misspelling slide like I do 99.99% of the time with UTUB comments, but since you did it in about 11 different post I couldn't. You want to correct all these people on something that you are absolutely wrong about, and you can't even spell the man's name? Give me a break.
@VAFranky Why do you think people make "runs on banks? People line up to pull their money out when they hear that a banks they have their money in is running out of money "illiquid" or "insolvent". All anyone has to do is look what happened to Indy Mac.Google Indy Mac Bank and Chuck Schumer. Many believe it was his comments that made depositors pull their money out of the bank thus crippling it. Being educated on the subject matter is a good thing, you should try it.
@xpandergt I seem to be more educated on the subject matter than you are, and I'm no market pro by any means. Especially since you deny that Jim Cramer suggested people buy Bear stock. He did so on multiple occasions and there is video of him doing so....on multiple occasions, which you deny. I know what it means for a company to go through insolvency, you shouldn't try and toss terms at me hoping I won't know what they mean in order to save your flimsy argument.
@VAFranky Keep giving yourself a self high five for your ignorance. I trade stock as a side business genius. I've been an investor for 10 years. I use to work at T Rowe Price. Any investor knows the terminology used. "Sell, close out your position, take the money and run should be sell explanatory to SELL YOUR SHARES. If the caller would have said should she pull her money out of bank of America, it still would have been interrupted as she referring to an ACCOUNT and NOT the SHARES OF B OF A.
@xpandergt Ugh...honestly one more try. On THIS occasion, he was indeed referring to retaining Bear as the caller's Broker.
On several other occasions; very close to the complete landslide that Bear Stearns got swept away in, Cramer said "Buy Bear Stearns stock!" There is video evidence of him doing so. He was suggesting nothing other than actions which could have and did lead to people directly losing money.
If you continue to argue I can only come to one conclusion, that you are Jim Cramer.
Not a word about "Naked Short Selling" Fraud, malfeasance, incompetance, or the DOJ advertising that they would "Loosen up on Corporate Fraud" in 06!
I like Sylvain Raynes comments “I’m pleased to be on this show, since most of your previous guests were public relations officers for Goldman,” too funny!
I like Max Keiser too! These Criminal Bankers and Investers belong in Prison!
there's a great video of cramer melting down on CNBC. "open the fed window... Waaaaa... The Free Market needs money pumped into it.... Waaaa.... It's so bad out there... Save us Fed..." Please. In the early days of the collapse, the fed was doing what is bloody well should have - let the free market run free. Either that, or maybe the fed can start lending money to all the idiots drowning in credit card debt. Would Cramer like that? No because it doesn't benefit him and his bank shares.
I just saw a video from 2007 where Cramer is railing against the banks and telling me people to sell before most, if any, analysts were pulling the plug. He made a bad call on this one. He's not Warren Buffet for god's sake, he's only human.
@tubub The problem is he contradicts himself all the time. He was also talking about how great the market was and how you'd have to be crazy to sell when it was at it's peak in late 2007. Cramer is not witty or smart, all you have to do is watch the Jon Stewart interview. There is a reason Cramer never debates people on his show. If you want a person who's been right about the crisis, look up Peter Schiff on here.
CNBC spoof !!!! So funny! search for "Larry King and Sarah Palin talking about CNBC" wuaaaaaaaaaa wuaaaaaaaaaa Cramer is an Idiot!! or watch the video repose
Haha good clip minus the donkey. Both parties are getting fat of the wall street lobyist. Even the latest reform bill was a sham. Vote to audit the fed
The question was if he should get his money out in terms of liquidity. He was talking about his Bear account. People are attacking him because they aren't knowledgeable about financial terminology, anyone who understands what Bear Sterns is (an investment bank) understood what that question meant and what he was saying. Dont attack Cramer for something as dumb as not understanding the terminology.
ANSGroupLLC 3 weeks ago
Cramer did make these statements about Bear, but he claims he was saying not to take your money out of Bear accounts--NOT the stock. Seems a little weak to me.
I'll give credit to Cramer though for calling the top and bottom during the crisis. That more than makes up for this Bar Stearns shit.
bioman123 3 weeks ago
Is it just me or does it seem like this was edited to make a false accusation? I feel like Cramer was being sarcastic or something. If I were to see a full clip, I would form an opinion, but this to me seems like Cramer was cheated a little bit.
staidenofanarchy 1 month ago
Turn OFF the capslock you ignorant sheeple, dopes.
spacetoilet 1 month ago
This has been flagged as spam show
OCCUPY WALL STREET
occupytheworld22 1 month ago
And take note...Wells Fargo didn't take a single dime in bailout money.
thegizmoguy1 1 month ago
what kind of retard would take advice from an idiot like cramer?
catalinaguerrero 2 months ago
I think Cramer knows how influential he is and how many viewers watch his show. Maybe he just tried to prevent any sort of self-fulfilling prophecy. In the end that's exactly what happened when Moody's announced Bear's downgrade. Investors got scared, repo loans were out of the question. Without any form of liquidity Bear Stearns was bound to default! This is just my opinion. Maybe you guys are right and Cramer simply is stupid! :)
heartabobby 2 months ago
thanks i bought it at $62 a share nd sold it at $2, thanks for the advice....please tell me more??!!!!!!
nhlmike26 2 months ago
I will sell my gold the day he tells me to buy it
simontimon2 2 months ago
when the fed got there the paper work said 2005 and so on. Bear had made bets
worth 100s of billions of dollars all over wall street and around the world
if there bonds fail they would pay when the fed saw that he said $2 dollars a share
sha370z 3 months ago
@Tichondrio No he's not lol. BS isn't that kind of a bank.
kotapaka 3 months ago
90% accuracy trading is now a reality. If you want to get rich invest in gold! Come visit my website, just google Gold Trading Academy to learn more.
THERollyboy123 4 months ago
This has been flagged as spam show
Hi People. I know this comment is not related to the video, but our company is going under (incl all my saving) and this is my desperate last resort to promote our iphone app. it's called "FS Viewer" and "Analyst Rating Tracker". u'd be saving two lives if u downloaded either one of these apps..thanks a lot.
mhamsburg 4 months ago
I'm sorry Cramer, it sounded like you wanted me to short Bear, is that right?
7curiousg 4 months ago
Jim Cramer is from Goldman Sachs.
TheCarguy974 4 months ago
BAC @ 6.02
rvaliant7 4 months ago
The next is Bank of America! It will be new Lehman bros and Bear Stearns.
Niknord92 4 months ago in playlist Liked
This has been flagged as spam show
@iPwnedUnigga How can you short Bear Sterns when the stock collapsed? Who would go long on that?
kotapaka 4 months ago
@iPwnedUnigga How can you short Bear Sterns when the stock collapsed? Who go long on that?
kotapaka 4 months ago
I think this is a joke. I mean it's not like a serious person would listen to Cramer. Let alone when the share s plunging down like a distressed penguin.
kotapaka 4 months ago
Jim Cramer is a used car salesman.
tedsalad 4 months ago 12
@tedsalad Don't give used car salesmen a bad name
hot2warm 1 month ago 2
Just another way the media is used to lie to you. What a w****r though, shouting his head off making people question themselves. Problem is if he quit or got sacked he'd only be replaced with another puppet. Better the enemy you know. Society is sick, politicians can stand there and lie and no one bats an eye lid and they can go on to run for president, disgusting. One day people will educate themselves instead of cheering mindless statements and realise we the people have the power in masses.
wiggledytoes 4 months ago
The only thing disturbing about this post is that Cramer is still on the air.
luke55664 4 months ago 22
@luke55664 HA! he got a promotion, hes on more now!
sysopkc 2 months ago
CRAMMER = DOUCHE... SHILL
RightBrainSane 4 months ago
Who saw it coming? not you Cramer you said Bear Stearns is a safe investmen right before if collapse Peter Schiff, Max Keiser, Gerald Celente, and many others saw is comming in 2005- 06 but not you you are a moron Jim.
blkhat117 5 months ago
I look down and the comments...
HOLY CAPS LOCK
TheBustyGamer 5 months ago
The difference is... Me i look at his recommendations and take a look myself if it good or not. If you idiot just randomly place money without looking at stuff urself it is your own problem. Anyway leetnesstuff i doubt you have the age to know how investing work... (or maybe too old since you rly cant find how a computer board works)
tonytouchzz 5 months ago
Cramer's job is to educate, teach, and ENTERTAIN. Obviously he isn't right all the time, who the hell is? Nobody. It is quite amazing to watch him recommend smaller stocks on his show and see uneducated sheep bid up those stocks in the after hours...probably the same ones complaining about him on this video. Get educated and DO THE HOMEWORK BEFORE BUYING!
sweetertheneyou 5 months ago
hahahaah who ever listen to this bs jew just committ suicicde ahahahahahah fuk this dum jew.i havea prediction there will be more financial collapse in the future i ll say 2 more . so convert ur stock to money and stop gambling with ur life saving
samantha34ize 5 months ago
LOL HE HAD CNBS ON LIKE 24/7 IN THAT SAME ROOM HE THOUGHT HE WAS HOT SHIT KID WAS HUGE LOSER AND HE WENT AROUND TELLING PPL "I WAS A TRADER" *PALM ON FOREHEAD*
IF jim WAS 10% THE KIND OF GUY HE PRETENDS 2 B ON TV, HE WOULD BE AN UPPER-MILLIONAIRE OR EVEN BILLIONAIRE LIKE A MR. ICAHN, MR. BUFFETT, ETC. ETC. (WHO BTW DON'T READ TELEPROMPTERS OR EVEN ACT LIKE CHARLATANS WHEN THEY'D BE JUSTIFIED IN DOING UNLIKE MP jim)
Eleetnessful 5 months ago
jTHE ONLY PPL WHO PAY ATTENTION 2 THIS GUY R 40 YEAR-OLDS WHO LIVE IN THEIR MOMMY'S BASEMENT WITH A FOREX/E-TRADE/ETC. ACCOUNT THINKING THEY'RE SOME GORDON GEKKO (THEY THINK THEY'RE GUNNA B MILLIONAIRES, LET ALONE LISTENING 2 THIS FUCKUP jim) AMD WHO GO AROUND TELLING PPL THEY'RE "TRADERS" (LOL!)
I KNEW SOME LOSER LIKE THIS; HE HAD THIS TINY ROOM WITH A COMPUTER AND IT HAD ALL THOSE GRAPHS AND STOCK MOVEMENTS, ETC. HE THOUGHT HE WAS HOT SHIT LIVING IN HIS MOMMY'S BASEMENT MAKING $0-$10K A YR
Eleetnessful 5 months ago
jim MENTAL PROBLEMS cramer IS LIKE SOME1 WHO PLAYED MINOR LEAGUE BASEBALL, UTTERLY FAILED AT IT, GOT A JOB 2 READ TELEPROMPTERS ON BASEBALL, ALL OF A SUDDEN THINKS HE 1) HAS A REAL JOB 2) HAS A JOB THAT REQUIRES MORE THAN 2 BRAIN CELLS SO NOW ALL OF A SUDDEN, LIKE A TRUE CHARLATAN, TALKS/ACTS LIKE 1) HE WAS NEVER A MINOR LEAGUE FAILURE, AND 2) AS THOUGH HE WAS A MLB MVP HALL OF FAMER
CNBS = ALL FUCKUPS. U CAN READ TELEPROMPTERS, BUT DON'T ACT LIKE THE POLAR OPPOSITE OF WHAT U R
Eleetnessful 5 months ago
Cramer is an entertainer and a great one at that. The problem stems from people not understanding this and following his suggestions. It's like watching wrestling on TV. However, I do have to admit as an entertainer he should be more careful showing a stock graph like BSC and then saying he was talking about the bank deposits. Even as an entertainer he needs to be more careful.
ar3582 5 months ago
HAHAHAHAHHAHAHAHAH
WhoaJ30 5 months ago
Discredited.
Robert Lichota
rlichota1 5 months ago
All you have to do is watch his show.He is clueless and he is even hoping for another government stimulus to pump up the economy. He is completely disconnected from reality!
These people (CNBC) are just like everyone else in Washington. Just borrow more money and everything will be fine.
zLOSTNOMOREz 6 months ago
@zLOSTNOMOREz
This guy is far from an idiot. Only a true idiot would accuse him of such. He KNEW full well what he was doing. He IS however a crook. A very wealthy crook. And he got that way by using his financial acumen as well as little dirty tricks like the one (used by many in the pass) he pulled in this video.
drbayoms 6 months ago
@drbayoms Only an idiot would suggest that another stimulus would help get the ball rolling again when after today's 512 point sale off it's clear that nothing they have done has fixed anything,just made it worse. He,just as everyone else wants their money and they dont care how they get it!
"An idiot, dolt, or dullard is a mentally deficient person, or someone who acts in a self-defeating or significantly counterproductive way" (From Wikipedia) Cramer's picture should be added beside that!
zLOSTNOMOREz 6 months ago
@zLOSTNOMOREz
Cramer is a millionaire who uses his Harvard education to screw people over and make millions of dollars. Is he an idiot? No. Is he an arrogant, dishonest low-life? Yes. Take your emotions out of it. He is a douche bag, but NOT an idiot.
drbayoms 6 months ago
@drbayoms YOU'RE A FUCKING IDIOT
DRUG DEALERS A RICH
jamie dimon IS RICH
REALITY TV PPL ARE RICH
DOESN'T MEAN SHIT DUMBASS. THIS GUY READS TELEPROMPTERS FOR A LIVING AND FAILED IN HIS PAST LIFE LIKE COCAINE DRUGGIE KUDLOW AND FAILED HOLLYWOOD ACTRESS FRANCIS
AT HIS TIME, TO GET INTO HARVARD WAS LIKE GETTING INTO A TIER 2 SCHOOL TODAY. THIS GUY IS A FUCKING IDIOT AND THE QUINTESSENTIAL CHARLATAN. FAILED HEDGE FUND GUY. THAT'S WHY HE READS TELEPROMPTERS FOR A LIVING
Eleetnessful 6 months ago
@drbayoms READING TELEPROMPTERS IS A DEAD END JOB AT A DEAD END INDUSTRY -- YOU READ ENGLISH OUT LOUD AND HAVE 0 SKILL SET. IF YOU MADE A RESUME AS A TELE[PROMPTER READER IT'D BE: "READ ENGLISH OUT LOUD. PRETENDED TO BE AN EXPERT BY ASKING QUESTIONS." THIS GUY IS A TOTAL DOUCHE. THE END OF THE ROAD FOR A TELEPROMPTER READER IS BEING LIKE A DRUGGIE KUDLOW (STILL A TELEPROMPTER READER)
"RARARARARARARARARARARA!!! ARARARARARARARA!!!"
Eleetnessful 6 months ago
@drbayoms HE WAS A 'STOCK BROKER' FOR GOLDMAN SACHS. THAT'S ANOTHER WAY OF SAYING 'PRIVATE WEALTH MANAGEMENT'; A STOCK BROKER IS A GLORIFIED WAY OF SAYING 'COLD CALLER' WHICH IS A GLORIFIED WAY OF SAYING 'HARASSING BADGERER'
THIS WAS NOT AN INVESTMENT BANKER M&A OR A TRADER -- THIS IS A DOUCHE W/ MENTAL PROBLEMS "RARA RARRA RARAA AAH SELL SELL SELL BUY BUY!" THIS GUY DOESN'T KNOW WTF HE'S BLABBERING ABOUT SOME DOUCHEBAG STOCK BROKER BECAME TR
ENOUGH SAID
Eleetnessful 6 months ago
@drbayoms I REMEMBER LIKE 3 WEEKS AGO THEY HAD MR. ICAHN ON. I THINK IN PERSON. I'M PRETTY SURE IT WAS MR. ICAHN OR ONE OF THE TRUE RESPECTABLEA ND NOBLE ELEETS IN WALL STREET (UNLIKE SCUMBAG jamie dimon -- ANYONE WHO DOES HIS ILLEGAL/UNETHICAL SHIT CAN MAKE EQUAL IF NOT MORE) AND SOMEONE AT CNBS WAS LIKE ASKING HIM QUESTIONS, ALMOST LIKE HE (A TR) WAS TRYING TO EDUCATE HIM I WAS LIKE SHAKING MY HEAD IN DISBELIEF
READING TELEPROMPTERS DOES NOT EQUAL TO EXPERT AT ANYTHING
Eleetnessful 6 months ago
@Eleetnessful
So you criticize Cramer for reading from a teleprompter while at the same time filling this entire page with grammatical errors and misspelled words? I wish you would read from a teleprompter. That way I can decipher what exactly the hell you are ranting about.
Carl Icahn is respectable? You really are ignorant.
drbayoms 6 months ago
@drbayoms OK. SO MUCH TO SAY MY ELEET BRAIN IS CLOGGED.
OK. FIRST OF ALL, YOU'RE A DUMBASS. HE READS TELEPROMPTERS FOR A LIVING AND PRETENDS LIKE HE'S A -- GUESS WHO? -- MR. ICAHN OR MR. BUFFETT. IF HE WERE EVEN 10% WHAT HE TRIES TO PASS HIMSELF OFF AS ON TV, HE WOULDN'T BE READING TELEPROMPTERS FOR A LIVING, HE'D BE A BILLIONAIRE HEDGE FUND GUY (NOT A NOVICE FAILED ONE; THAT'S Y HE'S AT CNBS)
I'M A STB RED
ANYONE WHO READS TELEPROMPTERS FOR A LIVING AND PRETENDS TO BE AN EXPERT IS A
Eleetnessful 5 months ago
@drbayoms DOUCHE AND A CHARLATAN. THIS IDIOT GLAMORIZES SCUMBAG jamie dimon SO EVEN AS A TELEPROMPTER READER HE'S A FAILURE LIKE HIS NOVICE HEDGE FUND THING THAT FAILED
MR. ICAHN ACTUALLY NEEDS GENIUS AND SKILL TO DO HIS WORK YOU STUPID FUCKIN' IDIOT. HE MAKES A LOT OF MONEY AND IT'S NOT BECAUSE OF SCUMBAG WEASEL PVC SHIT LIKE SCUMBAG jamie dimon, OR A FAKE CHARLATAN JOB LIKE cramer WITH THE MENTAL PROBLEMS
cramer = READS TELEPROMPTERS, PRETENDS LIKE HE'S A MR. ICAHN
MR. ICAHN = IS MR. ICAHN
Eleetnessful 5 months ago
@drbayoms DO ME A FAVOR, GO APPLY FOR A JOB AT SCUMBAG jamie dimon's COMPANY GO APPLY FOR 'PERSONAL BANKER' OR 'BRANCH MANAGER' YOUR DEMENTIA AND STUPIDITY WOULD FIT RIGHT IN THERE' A chase BRANCH ON EVERY BLOCK WITH SCUMBAG JAMIE UNDERLINGS DOING HIS PVC ABDGERING WORK FOR HIM GO APPLY FOR A JOB THERE YOU'LL FIND SIMILAR LOWLIVES LIKE U I'M SERIOUS
Eleetnessful 5 months ago
@Eleetnessful
Your grammar and spelling is horrible. Maybe you need a teleprompter? By the way, it's CNBC not CNBS. You are unabashedly ignorant.
drbayoms 5 months ago
@drbayoms 1) COMING FROM A DUMBASS WHO THINKS MR. ICAHN IS NOTHING AND A TELEPROMPTER READER WHO UTTERLY FAILED AT LIFE AND AS SOME HF WANNABE CARRIES NO WEIGHT
2) IT'S CNBS
3) AGAIN, A TELEPROMPTER READER AT CNBS = PRETEND MR. ICAHN/MR. BUFFET
MR. ICAHN/MR. BUFFET = MR. ICAHN/MIR.BUFFET
Eleetnessful 5 months ago
@Eleetnessful NERD RAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAGE!!! AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!!! CAPPPPPPPPPPPPPPPPPPPPLOCKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK!!!!!!!!!!! lolomgwtf dairy queen BBQ?!!?!?!?!?!?
tonytouchzz 5 months ago
@tonytouchzz YOUR MOM LOVES IT WHEN I CAPS LOCK EVERY NIGHT ;)
Eleetnessful 5 months ago
@Eleetnessful have fun doing necrophile stuff <.< ... wat a wierdos nerd... fucking cadavers everynight is rly creepy
tonytouchzz 5 months ago
@tonytouchzz YOUR MOM LOVES IT WHEN YOU CALL HER DEAD EVERY NIGHT ;)
HAVE FUN WATCHING THIS FUCKUP AT CNBS WITH MENTAL PROBLEMS: "NO! NO! NO! BUY! SELL! BEAR STEARNS RARARARARARARARARA!"
THIS GUY IS A FAILED HEDGE FUND GUY. ANYONE CAN START A "HEDGE FUND" IT'S EITHER IT'S LEGIT AND WHETHER YOU KEEP IN AFLOAT. I'M A SOON 2 B *CRED (SAME LEVEL AS HF) AND EVEN IF I'M A MEDIOCRE 1 I'LL BE EXTREMELY SUCCESSFUL
Eleetnessful 5 months ago
@Eleetnessful ummm... i alway take a look at bit of what he is saying and i made up to 800 000$ taking care of his recommandations
tonytouchzz 5 months ago
@tonytouchzz YEAH YOU MADE "$800K" LISTENING 2 THIS FUCKUP
YOU'RE A TOTAL DEGENERATE LIKE THIS jim MENTAL PROBLEMS CRAMER
YOU MADE $800K
FUCKIN' IDIOT
THE ONLY PPL WHO WATCH CNBS LIKE U ARE 40 YEAR OLDS LIVING IN THEIR MOMMY'S BASEMENT CALLING THEMSELVES A "TRADER" OR "STOCK BROKER" (HS/GED BADGERER COLD-CALLER JOB) WITH SOME FOREX ACCOUNT
THEN WHEN U GO OUT U TRY TO PICK UP CHICKS BY SAYING YOU'RE A "TRADER" WHEN YOU MAKE -$5,000 - $10,000 A YEAR
YOU'RE A STUPID PERSON AND YOUR FAILED DEA
Eleetnessful 5 months ago
@tonytouchzz D END LIFE IS JUST AS MUCH AS A FUCKUP AS YOUR ABILITY 2 LIE
ANY1 WHO READS TELEPROMPTERS 4 A LIVING IS A FAILED PERSON; THEY WOULDN'T BE READING TELEPROMPTERS OTHERWISE
jim MENTAL PROBLEMS CRAMER IS LIKE SOMEONE WHO PLAYED MINOR LEAGUE BASEBALL, FAILED AT IT, READS TELEPROMPTERS THAT HAPPENS 2 DO W/ BASEBALL NEWS, AND ALL OF A SUDDEN THINKS/TALKS LIKE HE'S LIKE A BASEBALL MAJOR LEAGUE HALL OF FAMER
HE'S NOT. HE GLAMORIZES SCUMBAGS, AND HE'S GOING 2 SERVE TIME IN JAIL REGARDLESS
Eleetnessful 5 months ago
@tonytouchzz OF WHETHER 'GRAND MAIN EVENT' A OR B HAPPENS
LOOK AT ANYONE AT CNBS: ALL HAVE EITHER NEVER HAD A JOB IN MARKETS/FINANCE/NO SECURITIES LICENSES AND/OR WAS LIKE THIS FUCKUP AND FAILED, SO NOW HE READS TELEPROMPTERS AND ASKS QUESTIONS; SOMETHING A 16 YEAR OLD CAN DO
ANY1 WHO WATCHES CNBS LIKE U ARE TOTAL HUGE LOSERS -- I BET YOU HAVE THESE SOCIAL MEDIA STUFF AND U PUT ON THERE: "OCCUPATION: TRADER"(LOL!) WHEN U SIT ON YOUR FAT ASS IN UR MOMMY'S BASEMENT WITH A FOREX ACCOUNT
I'M A SO
Eleetnessful 5 months ago
@tonytouchzz ON 2 BE COMMERCIAL REAL ESTATE DEVELOPER*, AND EVEN IF PPL ASK ME WHAT I DO 4 A LIVING I'M NOT GOING 2 TELL THEM -- THE ONLY PPL WHO GO AROUND TELLING PPL WHAT THEY DO (ALMOST ALWAYS A LIE) R LOSERS LIKE U WHO HAVE DEAD-END LIVES
WHEN I BECOMES A CRED* I WON'T TELL ANYONE WHAT I DO 4 A LIVING -- ONLY LOSERS NEED 2 PROVE THEMSELVES LIKE THAT. IN FACT, EVEN WITH $100M+ I WON'T EVEN WEAR LAVISH CLOTHING IN PUBLIC
YOU'RE A LOSER "$800K" LISTENING 2 THIS FUCKUP SHOWS HOW DEMENTED U R
Eleetnessful 5 months ago
@Eleetnessful well... think whatever you want but i doubt anyone take seriously what an idiot that pass his life on youtube and who dont know how to take cap lock off says. to this, goodluck with your invests (if you are able to fill up a registration to start investing since you cant even find the caplock button on your board) GL...
tonytouchzz 5 months ago
@tonytouchzz LOL "$800K" LISTENING 2 THIS CHARLATAN WHAT A DIPSHIT
I CAN THINK OF NOT 1 PERSON WHO BEATS jim FAILED HF GUY-BECAME TELEPROMPTER-READER AT BEING THE QUINTESSENTIAL CHARLATAN
YOUR MOM WANTED 2 PAY ME $800M 2 HAVE A NIGHT W/ ME I WAS LIKE "HELL NO!"
Eleetnessful 5 months ago
@tonytouchzz THIS WAS U WHEN THIS HAPPENED:
jim MENTAL PROBLEMS cramer: "BEAR STEARNS IS FINE! RARARARARARARARARARARARA!"
YOU: "DEHHHHH DEHHHH BEA-BEA-BEA BEA THTEHH THTEHHH THTEHHH FAIII FAIII MU MU MUSS MUSTT BA BA BAI *DEMENTED TYPING ON KEYBOARD ON FOREX ACCOUNT* *DEMENTED CLAPPING*"
2 WEEKS LATER ON YOUTUBE
"I MADE $800K FROM jim cramer"
STUPID IDIOT. NO1 BELIEVES U. GO BE A TELEPROMPTER READER AND READ ENGLISH OUT LOUD YOUR DEMENTED IQ LIKE jim MENTAL PROBLEMS IS COMPARABLE
Eleetnessful 5 months ago
@tonytouchzz OH YEAH! UGLY RATFACE ERIN = FIRED AND GETTING A JOB AT NPN (NIGGER PANTHER NETWORK) SHE PROBABLY GOT SOME GENITAL HERPES NIGGER STD JUST BY SITTING ON A CHAIR THAT A NIGGER SAT ON LOL
I'D WEAR A GASMASK (MUTATED STD BY NIGGERS) AND CARRY A FUCKEEEEEEEN TOWEL AND SHIT TO PUT DOWN WHENEVER I SIT ON A CHAIR LOL
Eleetnessful 5 months ago
@tonytouchzz jim IS LIKE SOMEONE WHO PLAYED A MINOR LEAGUE SPORT, FAILED UTTERLY, THEN GOT A JOB AT A SPORTS NEWS TELEPROMPTER READER AGENCY, AND ALL OF A SUDDEN THINKS HE'S MICHAEL PHELPS OR SOMETHING. HE'S NOT, HE'S A TOTAL FUCKUP AND HE'S GOING 2 JAIL SOON
ALL OF CNBS ARE LIKE PPL WHO NEVER PLAYED A SPORT, READS TELEPROMPTERS 4 A LIVING, AND ALL OF A SUDDEN TALK LIKE THEY'RE MICHAEL PHELPS OR SOMETHING
99% WILL IETHER GET LOCKED UP OR FIRED+PERMANENT BAN
Eleetnessful 5 months ago
At 1st sight Cramer is a clown.
At 2nd sight Cramer is a contrarian clown.
tubefish666 6 months ago
YOU FAIL, CRAMER. YOU MAY HAVE A NETWORTH OF 100 MILLION, YOU MAY HAVE A SUCCESSFUL HEDGE FUND. BUT YOU STILL FAIL.
gengarjetty 6 months ago
A tool for Bear Sterns.
Seedofwinter 6 months ago
The turning point
sha370z 6 months ago
This charlatan is the EPITOME of a teleprompter reader on cnbs -- talks out of his ass, and he also glamorizes jamie dimon. This guy is a fuckup and a failed "stockbroker" which is a glorified way of saying: "cold-caller harasser badgerer"
Him glamorizing jamie is like someone glamorizing kenneth lay even as a teleprompter reader he's a fuckup and so is ratface erin who is RIGHTLY fired AS A TELEPROMPTER EADER!!
Eleetnessful 6 months ago
Comment removed
drbayoms 6 months ago
This has been flagged as spam show
@Eleetnessful
Yet, Cramer is rich. And you and I are not. People like Cramer only value money. These guys & gals on CNBC ARE crooks. But they are NOT stupid.
drbayoms 6 months ago
That's caller must of been so pissed off to say the least lol
uzernam3 7 months ago
This has been flagged as spam show
Great video, good advice. I want to try a site that picks sicks that are going up and sends them to you in advanced. Has anyone here ever used the website (w.w.w) stealthtrades (.) com ? I've heard it's the best stock pick website around but wanted to get feed back from some of you guys. If any of you have used it and got positive results please leave a thumbs up on this comment. Thanks everyone.
nikkifee51 8 months ago 2
Cramer - Former Goldmanite, 'nough said
mersk100 8 months ago
@mersk100 Nice fallacy of composition btw. Just because he worked for Goldman Sachs, and Goldman Sachs is garbage, means Cramer is garbage.
You could have said, "Cramer knows his shit, too bad he learned it from working in places such as Goldman Sachs".
tvu86 7 months ago
@tvu86 missing a "?" mark at the end of the first sentence.
tvu86 7 months ago
@tvu86 Yep, I could have, but let's not let historical evidence get in the way
mersk100 7 months ago
Erin Burnett is hot, but she's kind of a cunt too.
mphailey 8 months ago
He makes as much sense as Kramer on Seinfeld!!
sargetech 8 months ago
this fucking joker
applby2 8 months ago
Be careful about Jim Cramer recommendations.
aarisett 8 months ago
hahahahahahaha
100CommonCents 8 months ago
Jim Cramer = Wall Street Shill
alanhowitzer 8 months ago
Clearly the viewer was asking about Bear Sterns liquidity and being able to get his money out if there was in fact a bankruptcy. Both Jim and the viewer (if they were on the same page) ultimately knew what was going to happen and the view was wondering if his assets were safe, not if he should sell the stock. Jim said "they're more likely to be taking over", so clearly he was referring to the safety of the viewers assets. You people are retarded.
oddieamd 8 months ago
@oddieamd no "you" people are not retarded. I completely understand what your saying, but Cramer tol the viewer NOT to sell his stocks in Bear Sterns. Anybody with half a brain would sell their stocks if they believed that the company in which those stocks were part of was going to go bankrupt, and you just said that both "Jim and the viewer ultimately knew what was going to happen."
97tennis 8 months ago
@97tennis But neither Jim nor the viewer seemed to be talking specifically about the stock, so that is the impression I got. Understandably, it is up for debate but it's all in the past now.
oddieamd 8 months ago
@oddieamd are u stoopid he's talking about bear stearnses stock idiot
RCBeker 6 months ago
that girl is the hottest bitch on wall st.
omarlives 9 months ago
pst...he wasn't talking about investing in bear stocks...but if you should pull out the money you've invested through their company.
trevorrasmussen 9 months ago
Peter should write another letter LOL!
fsuchino 9 months ago
lol look at this ugly ratface erin. Anyone who goes to work reading teleprompters for a living and asking basic questions AND at the same time neglecting to be cognizant of this but instead acting like a charlatan is called being a true fuckup. NO ONE who has a normal IQ watches cnbs and listens to kokehead kudlow for economic advice or this jim shithead for stock advice. This is a charlatan channel filled with failures and fuckups
(DOT)flickr(DOT)com/photos/cdelriccio/4053535174/
uruberrr 9 months ago
jim has mental problems. You can't tell me that someone who shouts like a charlatan for an hour a day is normal:
fuckup francis: failed Hollywood Actress (and failed solo host)
kokehead kudlow: failed politician wanabe, gets some Economist job at age like 50 without ever having been an Analyst/Associate, etc. (the loser is into titles) and then gets FIRED, RIGHTLY from there
maria: fuckup 38+ waist
jim: failed ACTUAL Hedge Fund guy became stockbroker (hs/ged) became teleprompter reader at cnbs
uruberrr 9 months ago
Comment removed
drbayoms 6 months ago
This has been flagged as spam show
@uruberrr
Cramer has a J.D. from Harvard.
drbayoms 6 months ago
The funniest video I've seen in months
saxinat0r 9 months ago
Yes, the real cost of manipulate the open market can be very costly. It can cause more than a nation GDP, say 39 billion USD? Can you stop listen to your children/grandchildren? What the fudge do they know about market and economy? Do you even know it yourself? Be rational, please.
Just looked at the magnitude of these thing and stop worrying on the small stuffs.
UnitedPebbles 9 months ago
the root of the problem is what? housing crisis or Bear Sterns lack of cash?
Is it the people problem if the government back up their loan of pursuing owning a home that are 40 times their yearly earning? and noted that earning as well as market price can change? Government have no choice but to guarantee these loans regardless of market value. Bailing out these financial giants are inevitable.
UnitedPebbles 9 months ago
This puts the MAD is MAD Money!
WeLoveTranceOrg 10 months ago
This has been flagged as spam show
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAHAHAHAHAHAHAHA
fucking classic!
LeakyWicks 10 months ago
hahaha I never get tired of seeing this one !
wsarris424 10 months ago
jim cramer is a god
DOMIN10N 10 months ago
The Ponzi scheme Federal Reserve is mathematically shown to steal $8.4 trillion in 2010 from the people by hiding the sale of Treasury securities from Congress. Is that what they call embezzlement ? Look at 3w scribd dot com, message 49040689 .
oldereb38 10 months ago
I believe he did this because if people take all their money out the bank is definitely going to go down. Or he's just a douche and doesn't know WTF he's talking about.
kotapaka 10 months ago
jim u r so full of shit
nuttar 10 months ago
so full of shit
nuttar 10 months ago
CRASH JP MORGAN BUY SILVER
stixin2000 10 months ago
stupid americans
juventus1384 10 months ago
@juventus1384
how this guy still has a job is beyond reason.
davidfung08 10 months ago
@davidfung08 Cramer is a paid shill, it is perfectly reasonable.
DuncanL7979 10 months ago
Get the stock market direction for the week before you trade , stop losing money get it every monday morning at matrixtradingclub ,beat the market everytime. try it now for 1 week.
akatheone1 11 months ago
If you bought it when he recommended it, you would've made money. Unfortunately things change, this is the point of the stock market.
SCJohnson77 1 year ago
Socialism is needed.
MegaChairmanMao 1 year ago
@MegaChairmanMao no its not
TheJoec2005 9 months ago
lol i love cramer but sometimes he's so wrong about things
bhoobaslayer 1 year ago
Cramer is nuts.
Check out Roundupthebulls -com for free stock market alerts! They have been making really good calls all week.
bowiebolt1 1 year ago
it's just fine yep
RCBeker 1 year ago
Financial institutions all run the same shady business... Bear just go the burnt.
Check out Roundupthebulls-com for free market alerts and updates. They have been making very good calls!
timmothyrobbins 1 year ago
Inflation in the commodities market is killing the economy.
Investing in resources kills consumers of resources.
He is MAD.
Serrokot 1 year ago
This has been flagged as spam show
Pretty interesting.
Check out Rounduptheublls-com for the big movers of the stock market! They have been making very good calls.
timmothyrobbins 1 year ago
Where's Keyboard Cat when you need him?
coyote778 1 year ago
I think Cramer might be one of the worst stock pickers I'm aware of.
MarketsandPolitics 1 year ago
MarketsandPolitics your a fucking retard ! go get an education then come back to the discussion....
cinnreds18 1 year ago
@MarketsandPolitics Oh right, you and all the other dimwits have made returns north of 20% managing a hedge fund every year for over a decade? It's funny how stupid people are, I won't even go into detail further explaining myself.
smokenfly514 1 year ago
Lol, it's funny to see someone here defending Cramer and what he really meant to say. He lost people lots of money and every time he's on tv he has a disclaimer. Modern day dan dorfman. This will end in tears for many.
neoursa 1 year ago
jim reminds me of a pissed off louis CK
t66wood 1 year ago
Bear Stearns was fine. JP Morgan and Bank of America shorted it and spread false rumors to make a quick profit, when Bear Stearns had the same "worthless debt" as everybody else.
galenct 1 year ago
@galenct Bear Stearns wasn't fine because like you said it had "worthless debt." Why would anyone invest in a company that was mostly backed by uncollectible loans? Just because other companies had the same kind of trouble doesn't mean that Bear Stearns was fine. Now THATS silly!
AdrielC877 1 year ago
i was an intern at bear during my last semester of college, you couldn't even imagine what was going on there
hojoleon 1 year ago
@hojoleon Nobody really knows what is going on within wall street elite financial institutions. I can tell you this though, they work hand in hand with the Fed but they cannot sustain market forces. Market forces ultimately dictate the rules and at some point in time, they overwhelm these ponzi banks. Who is next? Bofa, CITI, Goldman, JPM, and whole score of investment houses. They will go down...at some point in time!
AFRIKTODAY 1 year ago
Comment removed
VAFranky 1 year ago
I can't believe this idiot is allowed to stay on the air in any way, shape or form. A loud-mouthed ignorant moron, that the herd/sheep still listen to.He should never show his face again in the financial sector!
450984 1 year ago
The one thing that is clear is Mad Money is an equity investment show in which Cramer gives his analysis on specific equities and the overall market. People call in and Cramer gives his analysis of specific equities with a price chart brought up. When Cramer said "Bear Stearns is fine" with the Bear Stearns stock chart on the screen on 3/11/2008 priced at $62.97 up over 1% from the previous close he was clearly wrong. (Bear Stearns was not fine).
watch?v=XB7j4zjz_PA&feature=related
jiveturkeyusa 1 year ago
Listen what Crammer actually said. Don't move your money "FROM bear". He didn't say "don't sell bear",
xpandergt 1 year ago
haha !!! long live this video
Mcleod0000 1 year ago
Carmer is just a joker to control stupid investors
armidons 1 year ago
stockniche
WEBSITE: learn how to invest and ask questions on forums.
grunge65432 1 year ago
lol that was a fail..
MrOracle777 1 year ago
Hahahahaha!!!! :D
wowthatscrazy2 1 year ago
I shorted Cramer's pick and made a pile of money.
cogitoergosum321 1 year ago
You guys bashing cramer have things pretty twisted. Cramer is the real deal NOT ANY TYPE OF CROOKl. He is an absolute genius when it comes trading and investing. He has made many many people, along with himself, lots of money over the years. He is of course wrong at times, which anyone who knows anything would understand . Its a joke that somehow he has become a sort scapegoat for the recent crash. The truth is that he is just out there trying his hardest to make people .money
nicks1108 1 year ago
THIS GUY JIM CRAMER IS ILLEGALLY MONITORING MY PERSONAL LIFE. EVERYONE THIS IS NOT A JOKE. JUST REMEMBER THE FACT THAT SOMEONE ON YOUTUBE SAID THAT JIM CRAMER ALONG WITH CNBC ARE ILLEGALLY MONITORING HIS PERSONAL LIFE. THIS GUY WILL GO TO JAIL SOON. NOT A JOKE.
111WLee 1 year ago
Actual Crammer was right. The person never said he owned stock in Bear Sterns. He stated should he get his money out of Bear Sterns as in close his account with Bear Sterns. The fed did take over Bear, and all accounts with Bear were unaffected when it was acquired by acquired by JP Morgan Chase. So as much as I don't like Crammer, he was correct in this case.
xpandergt 1 year ago 2
Comment removed
jiveturkeyusa 1 year ago
@xpandergt The person may have been concerned about a trading halt and not being able to sell their stock.
jiveturkeyusa 1 year ago
@jiveturkeyusa It's clear what the statement was. People pull their money out of financial institutions when they believe that institution is insolvent. If the person would have said "should I SELL everyone would have know it was a stock question.
xpandergt 1 year ago
@xpandergt You ever hear about FDIC Insurance?
jiveturkeyusa 1 year ago
@jiveturkeyusa The Federal Deposit Insurance Corporation FDIC covers $150,000 of a depositors BANK account. Bear Sterns wasn't a bank, it was a brokerage firm Investor accounts are protected under the Securities Investor Protection Corporation SIPC.
xpandergt 1 year ago
@xpandergt Crammer was right. Bear was taken over by JP Mogran Chase, and people who had accounts with Bear Sterns didn't lose a penny. Their accounts are now with JP Morgan.
xpandergt 1 year ago
@xpandergt LOL You are fooling yourself. The conversation does not make any sense under your assumption. The caller and Cramer were both talking about the liquidity of Bear Stearns stock., not the liquidity of brokerage account. ps FDIC covers $250,000.
jiveturkeyusa 1 year ago
@jiveturkeyusa He said with a Bear Stearns Stock Graphic in the background "BEAR STEARNS IS NOT IN TROUBLE"
jiveturkeyusa 1 year ago
@jiveturkeyusa The liquidity of Bear was questioned just like the liquidity of a bank. People do make a run on banks and pull their money out if they feel the bank is in trouble. This is not a hard concept to embrace. Crammer always put a stock chart of a company he talks about. Your logic is flawed beyond belief. I have a family member who asked me back in 2008 should hey "pull their money" out of AIG. I told her that her annuity was going to be fine, the company was bailed out. Learn
xpandergt 1 year ago
@jiveturkeyusa I forgot FDIC increased their limits, simple mistake. What happens when failing banks have liquidity problems?They are taken over by the FDIC. Do people lose all the money in their accounts?NO So you haven't proven anything that I or Crammer said that was wrong. Just tell me that people who had accounts with Bear weren't protected, so I can have a good laugh.
xpandergt 1 year ago
@xpandergt Hey "Bear Stearns is not in trouble" Checkmate.
jiveturkeyusa 1 year ago
@jiveturkeyusa Checkmate? I didn't know we were blacking chess. I'm a checkers person myself. quote me in saying that bear or crammer was right about the condition of bear sterns. My issue from the very first post was about the emailer's account a bears not the strength or solvency of bear itself. Also Crammer did say that if Bear wasn't alright, it would be BAILED OUT OR TAKEN OVER. So you can check your mate at the door.
xpandergt 1 year ago
@xpandergt I have heard Cramer's response to this incident (he was lying and trying to spin it). Did you believe him?
jiveturkeyusa 1 year ago
@xpandergt People that purchased Bear Stearns stock; often based on Jim Cramer's (not Crammer) advice immediately saw their investment values plummet dramatically. This loss was not covered in any way. If you are in denial that Jim Cramer suggested buying Bear Stearns stock please refer to my previous comment.
VAFranky 1 year ago
@VAFranky Thanks for pointing out the extra R i placed in "Cramer"s" name, I'm sure the youtube community and yourself can rest easier now that it has been pointed out. Give yourself a high five. As for you comment about "denial". I have been point out something that you appear to have a problem coming to grips with. It's called "THE TRUTH". Maybe comprehension isn't one of your strongest points, I don't know.
xpandergt 1 year ago
@xpandergt I would've let the misspelling slide like I do 99.99% of the time with UTUB comments, but since you did it in about 11 different post I couldn't. You want to correct all these people on something that you are absolutely wrong about, and you can't even spell the man's name? Give me a break.
VAFranky 1 year ago
@VAFranky Why do you think people make "runs on banks? People line up to pull their money out when they hear that a banks they have their money in is running out of money "illiquid" or "insolvent". All anyone has to do is look what happened to Indy Mac.Google Indy Mac Bank and Chuck Schumer. Many believe it was his comments that made depositors pull their money out of the bank thus crippling it. Being educated on the subject matter is a good thing, you should try it.
xpandergt 1 year ago
@xpandergt I seem to be more educated on the subject matter than you are, and I'm no market pro by any means. Especially since you deny that Jim Cramer suggested people buy Bear stock. He did so on multiple occasions and there is video of him doing so....on multiple occasions, which you deny. I know what it means for a company to go through insolvency, you shouldn't try and toss terms at me hoping I won't know what they mean in order to save your flimsy argument.
VAFranky 1 year ago
@VAFranky Keep giving yourself a self high five for your ignorance. I trade stock as a side business genius. I've been an investor for 10 years. I use to work at T Rowe Price. Any investor knows the terminology used. "Sell, close out your position, take the money and run should be sell explanatory to SELL YOUR SHARES. If the caller would have said should she pull her money out of bank of America, it still would have been interrupted as she referring to an ACCOUNT and NOT the SHARES OF B OF A.
xpandergt 1 year ago
@xpandergt Ugh...honestly one more try. On THIS occasion, he was indeed referring to retaining Bear as the caller's Broker.
On several other occasions; very close to the complete landslide that Bear Stearns got swept away in, Cramer said "Buy Bear Stearns stock!" There is video evidence of him doing so. He was suggesting nothing other than actions which could have and did lead to people directly losing money.
If you continue to argue I can only come to one conclusion, that you are Jim Cramer.
VAFranky 1 year ago
@xpandergt And what the hell is this obsession with high fives.
VAFranky 1 year ago
Not a word about "Naked Short Selling" Fraud, malfeasance, incompetance, or the DOJ advertising that they would "Loosen up on Corporate Fraud" in 06!
I like Sylvain Raynes comments “I’m pleased to be on this show, since most of your previous guests were public relations officers for Goldman,” too funny!
I like Max Keiser too! These Criminal Bankers and Investers belong in Prison!
shroomduke 1 year ago
it is so fun to see this thing after many years XD
KuhoinX 1 year ago
If you listen to all these bozo's you will lose your money.
BogusJesus 1 year ago
there's a great video of cramer melting down on CNBC. "open the fed window... Waaaaa... The Free Market needs money pumped into it.... Waaaa.... It's so bad out there... Save us Fed..." Please. In the early days of the collapse, the fed was doing what is bloody well should have - let the free market run free. Either that, or maybe the fed can start lending money to all the idiots drowning in credit card debt. Would Cramer like that? No because it doesn't benefit him and his bank shares.
rituskis 1 year ago
Epic fail
MarcosKtulu 1 year ago
I just saw a video from 2007 where Cramer is railing against the banks and telling me people to sell before most, if any, analysts were pulling the plug. He made a bad call on this one. He's not Warren Buffet for god's sake, he's only human.
watch?v=SWksEJQEYVU
tubub 1 year ago
@tubub The problem is he contradicts himself all the time. He was also talking about how great the market was and how you'd have to be crazy to sell when it was at it's peak in late 2007. Cramer is not witty or smart, all you have to do is watch the Jon Stewart interview. There is a reason Cramer never debates people on his show. If you want a person who's been right about the crisis, look up Peter Schiff on here.
rmccay88 1 year ago
CNBC spoof !!!! So funny! search for "Larry King and Sarah Palin talking about CNBC" wuaaaaaaaaaa wuaaaaaaaaaa Cramer is an Idiot!! or watch the video repose
Mssinc10 1 year ago
Haha good clip minus the donkey. Both parties are getting fat of the wall street lobyist. Even the latest reform bill was a sham. Vote to audit the fed
stfatpat 1 year ago