Financial Gibberish designed to sound sophisticated so that you do not understand it. No one understands Gibberish. It is baby talk. The answer is right below. The average Joe and Jane can understand finance. Banking is a simple pyramid scheme. Iceland survived. A central bank Debt Based Privately owned system will never be there for the Common Good!
End Money Creation by privately owned banks and end Fractional Reserve Banking. Money should only be issued by governments in order to control the quantity.
Governments should issue their own money; not borrow from privately owned banks. Otherwise we are doomed to a world ruled by a plutocracy. A gold standard will not stop fractional lending.
Even Goldman was leveraged over 300 to one.
The leverage by banks was way beyond the standard 10 to 1 which should not even be.
Turn money into gold and gold into money at Gold Trading Academy. Come watch the proof of 90% accuracy in gold trading, google Gold Trading Academy to learn more.
@gLdFsh3787 I love gold too but it does not end fractional reserve banking. It never has. Each government has to issue its own currency at zero interest. There is not need to borrow from private individuals at interest and with endless money creation via the fractional reserve system.
AIG was bailed out to cover non collateralized credit default swaps bought by Goldman Sachs and others (bets made against the housing market). Hank Paulson (Former Goldman Sachs CEO) was the Treasury Secretary that pushed for the bailout of AIG. Tax payer's money was then funneled through AIG to pay Goldman Sachs' bets against the housing market. They should all be charged with RICO.
They are denying medical treatment to contractors who risk their lives to support our military. They take tax dollars to provide workers comp coverage but refuse to provide any treatment.
Pelosi and Obama received hundreds of thousands of dollars in campaign contributions from AIG. Pelosi's husband owns thousands in stocks.
The Dept. Of Labor is owned by AIG. They hire from the DOL as a reward for letting them do what they want. ROT IN HELL ALL AIG EMPLOYEES!!
IF AIG went belly up, 99% of US citizens wouldn't have noticed. Only the huge investors would have taken a big hit. People with $30,000 in a savings account would never have even noticed. And unless you were within 1 or 2 years of retirement, your 401(k) wouldn't have been an issue
It is said that most of the US politicians pension funds were/are held by AIG. If they had let AIG go down they would have flushed their own pensions down the pan... so they had to keep AIG going. This was not the case with Lehmans who bought in a housing problem which they could let go under... is what I have heard. Wonder if there is any truth in that.
NY State just reported that 41% of all NY State income taxes were paid by 1% (the 'rich') of the people. SO much for 'the rich pay no taxes'. So the gov't raised taxes on 'the rich' and they all fled the state - taking their businesses with them - now the state is dying. REAL SMART. Kiyosaki is a conman fraud.
Executives of AIG, banks, insurance, mortgage & brokerage companies are greedy, incompetent theives who singlehandedly wiped out the life savings & incomes of millions of innocent, hard-working families. It's time they had their assets seized & liquidated & spend some time in the D wing of Federal prisons. Disgusting, greedy examples of how low people can stoop to try & satisfy their lust of money.
He was quiet and visibly shaken on Good Morning America right after the Lehman meltdown. It's not his first time being serious - just one of the few times Cramer has been hit with news that is so damn significant that he goes directly out of his scripted character on Mad Money and brings the info stiff and straight without any static. I agree, though: be fearful when the eternal optimist falls into despair...
Every single one of these failed/bailedout companies had outsourced to INDIAN companies a few years earlier. Indian conman Azim Premji and his company Wipro are grifters. AIG, Lehman, Merill, GM, Sun, PeopleSoft, ALL of them used Indian outsourcing companies. India's workers are ranked 124th in world productivity while Americans are ranked FIRST!
Every single one of these failed companies had outsourced a few years earlier to India, Inc. Azim Premji is the Indian mastermind behind it. GM, Citi, AIG, Lehman, all of them outsourced to Indian companies who raped the companies and DRAINED them. Lehman used Wipro's Spectramind software which gave bad information which caused their trades to go bad. India, Inc. is the cause!
Shorts are hitting this stock hard, should you be shorting it too?
Sirius XM Radio Inc. symbol SIRI is trading at 0.31 this stock is going down. It could be a good idea to shot this stock. Because it will NEVER, NEVER go up again.
I used to work for AIG. I think the press has unfairly spiralled AIG as the big arch-enemy. There is a very small group of people within the company who are obviously responsible for this issue. A lot of hard working people had dedicated their lives to that company and have also lost a lot, it is unfair to label the WHOLE company so negatively.
all the comments here are on the mark 100%, unfortunately we are stuck with this piece of shit until we get some semblence of stability in the markets that AIG affected(which ones didn't they?) All of us need to keep expressing our outrage so there is no next time- I just wish we had names and faces posted for public purview
I say we get rid of all the shitty derivatives and investment insurance of any type. You invest in something like a mortgage or a bond, you take the risk, bubba.
Fuck all the cocksuckers who hate on AIG... I don't give a shit if the ill half the world, they sponsor Manchester United!!!! That's the most important part by far and I obviously don't give a shit about anything else they do...Bye bye stupid Chelsea fans and Barclona will win this Champion's League anyway so we're all fucked...
Hahaha they're gonna get their asses kicked by Man U wednesday... and Barcelona's prodigy Lionel Messi will take downChelsea and Man U in the final... BARCA!!!!!!!!
Pile of crap. Let it all crash. As if no one is around to pick up the pieces. Regime change. Let's stop pretending that this "Corporate Financial System" works, and replace it with a real free market.
I'm tired of 'em too but Cramer's right,if we let AIG fail the banks will fold no question. Sucks for Obama though. He won't be able to get anything else done. Bad time to be president.
Barack Obama deliberately and repeatedly lied to America's 90 million gun owners when he insisted that he would not try to take away anyone's firearms.
Call Senators and Congressmen today,1-877-851-6437 and 1-866-220-0044, or call toll 1-202-225-3121 AND REGISTER YOU'RE OUTRAGE at ongoing efforts to take guns away!
CALL PRESIDENT OBAMA, 202-456-1111 and 202-456-1414
(Continued from earlier 2 posts) If AIG goes then the banks go then credit freezes completely and your job depends on credit. Directly or indirectly, almost every company on the planet relies on short term loans of some type (credit cards to short term, big money loans called commercial paper) so if credit freezes completely, much of the worlds economy freezes too.
It would all happen inside of a week if it comes. Let's pray the Bush/Paulson/Obama/Bernanke 'air bag' solution works. (End)
I hear you brother. Unfortunately they've got our economy by the neck, so we either take them down in an orderly fashion, or we let the global economy come to a very abrupt end.
Im sorry it just makes me so sick the greed that exists between lobbyists and politicians. Just is the worst display of humanity to rob people of their money and then not give them coverage. Then make record profits
(cont. from earlier post) ... cause many of the CDO's and other asset backed securities that they also wrote, to default. So they're doubling down on housing always going up, putting their company in risk of collapse. If they collapse then all of their insurance to the banks disappears. Once that happens nearly all of the banks in the world suddenly have grossly underfunded balance sheets and stop lending completely... many will go under in a matter of hours if AIG goes. (continued)
Let me explain what Cramer is saying here: AIG allowed banks to "meet their capitol requirements" by providing a type of insurance that was supposed to reimburse a bank if you defaulted on your mortgage or whatever kind of load it was. This effectively removed your loan from their debt load and allowed them to make another huge loan without needing additional capitol in the bank to do it. The only problem is, AIG sold trillions in CDS protection against a housing correction that would... (cont.)
You know what I'm really looking forward to seeing? When people start cracking up on TV.None of this hissy fit anchor sh*t. I'm talking insane emotional outbursts, sudden suicides by police special, that kind of thing. Lets see if one of these talking heads keep their plastic smiles on with someone's shotgunned brains all over their brand new Armani. THAT would be priceless.
If the buck stops with Obama (the spend thrift man) does this mean he will PERSONALLY pay back the deficit - out of his own personal retirement savings - when his change does not work ?
@slbiggs36 Have you read about crammer? He once got so mad because his broker charged him $625 extra on a $50 million contract -- threw a couple of computers on the floor and used fuck so many times... complicated guy you know
WASHINGTON (AP) - President Barack Obama's budget would produce $9.3 trillion in deficits over the next decade, more than four times the deficits of Republican George W. Bush's presidency, congressional auditors said Friday see video > obama Deception
Is that really true? Also if the government keeps spending money that it doesn't have(aka printed money) who does it help? The people who are unemployed might get temporary regional restricted jobs building roads but at the same time the money will become worthless which will hurt everyone.
Yes becasue when the consumer isn't spending like right now, the government takes its place to try and help it. But idk we really need to look at the great depression and see how we can get out of this recession quicker.
Ben Bernanke knows more about the great depression than any other public servant right now. Even still there is a very low chance of this being the fist time a boom didn't end in a nearly equally sized bust.
a lot of people are mad at the businesses, but they are only failing because The Fed sets artificial and arbitrary interest rates. A fiat currency with arbitrary interest rates screws up everything. So essentially, the government causes these cycles.
Why do we have so many companies like AIG getting Millions from the Government. They give bonusess to people who don't do there jobs properly.If a company loses money,people aren't performing..Sack them..You don't have to give some numpty 100 million dollars to run a company into the ground.People in the Military deal with $millions and they get paid what $40-$50.000 a year and they are held accountable for every cent.
That man looks very uncomfortable. He acts like friends of mine with Asperger's syndrome.
What he says is perfectly intelligent and makes some degree of sense. However, I believe in capitalism, if a company can't make it, they need to tighten their belt and deal with it or fail. That's how the world works. It might crash the economy, but that's what happens, don't reward people for failure just because they are important.
God dammit, is it that hard for me to live a life without being robbed?
When 95% of the population wants something, and our STUPID politicians go against our words, isn't it common sense that they are getting orders from someone else?
This is not a conspiracy folks. It is happening RIGHT BEFORE OUR EYES.
This is the message I am feeling from our "leaders"...
"Follow us and get us rich, or we will drive this entire country into the ground"
It's not that companies like AIG can't fail it's that they MUST fail! Failing companies fail and then other companies replace them. It's called CAPITALISM and it's the American way. Once the government starts buying companies then it's called COMMUNISM and that's definitely NOT the American way. FUCK AIG! Let them fail.
its amazing how stupid and hypocritical the government is, first they hand out
200B and then they start bitching over 150M, which is less than one tenth of 1%...and now they are threatening to windup the company, WTF?!?! the taxpayer should be hounding down the moronic government and not AIG !
First of all I think (Dragojun89) summed it up well. I think these people dont care and are just laughing at our faces because as a people we are cowards who wont stand up to them. Sure there are individuals who will but 98% are cowards!
Of course we must realize that most Government is tied to all the Major investments that have taken a beating so there all in on this together! What a Game these guys are playing with our money!!!!....lol. We can never win!!
"you are upset!...you are OUTRAGED!!.. and APPALLED! but I guess the bigger person turns the other cheek (how many damn cheeks do we have to turn? Do you think AIG cares what the peasants and slaves have to say? they are the kings and nobility....Fuck you! youre a working class scum that goes to work 40+hours a wek to pay taxes to the king...who then gives the noblemen your sweat equity. NOW be a good serf and go to work tomorrow...they need $money$ for jet fuel and some fuel for their yachts!
You better work long and hard too...Jet fuel isnt cheap ya know! and also it takes some serious fuel to fill the 150ft yacht(Tahiti here we go). Maybe if you work hard enough they will allow you to shine their shoes during one of your pathetic 30 min lunch breaks. And if your lucky you can scarf down soem food before heading back. Maybe they will even send vacation pictures to the news on a postcard that reads..."Wish you were here, signed: AIG EXECS!" and P.S. Thanks for the money! FUCK YOU!"
Greedy white rich people? Come on...it's not about race...do you know all the executives are white? Wow...always pulling the race card...YOU are not allowed to pull the RACE card NO MORE...we have a BLACK president!
Anyways...on the AIG issue:
The CEO of AIG is trying to get the executives to payback 50% of their bonuses. 50%?!!!!! We the taxpayers now own 80% of AIG. They should be paying back at least....at least 80% of their bonuses back. In my opinion, everything.
Isnt this Ironic how all the media stations and politicians almost over night all began a bash fest lasting days against AIG. The fact is that AIG will fail because of this bonus bashing, all execs will walk and leave the government wondering how to save it. BUT the fact is that our government wants this to happen, a failure of AIG that impacts the world will cause unfeatherd support of every country to sign onto the new world financial system regulations at the G20 summit on Apr.2nd.
I was laughing that this government money is going to hedge funds and foreign banks. This is crazy. AIG must be sepaarted out and liquidated. Obama says that he has the responsibility of fixing it. We give you the ball do your thing
I'm listening to C-SPAN right now, from the testimony I've heard, the AIG bonuses were inserted into the stimulus bill by the white house, now Obama is condemning the same AIG bonuses he created
We are now seeing the results of greedy rich white people begin to scramble and sell each other out! No longer can they drive the best cars and live the best houses and look down on us.... YOU ARE THE REAL CROOKS YOU ARE THE REAL CRIMINALS........ WE WERE WAITING FOR YOU TO MAKE A MISTAKE AND PROVE HOW GREEDY YOU REALLY ARE.... We knew you were not honestly making all that money the right way... We shall enjoy watching you all feed each other to the sharks..........
Sexybrownsatindiva ... It is antediluvian racists like yourself that impede social progress in favor of an antiquated view of race relations in the USA. You are an embarrasment to our nation. Shame on you! We no longer have room for racists. Grow up or get out! You owe us all an apology for your racist commentary.
This is why I can lead this country to a better place. I can take down this company with my own teeth if necessary. They may take you with them, not me.
Right! If former President Bush were still in office, this AIG meltdown with the threat to the whole financial system (economy) would not have occurred OR if it had occurred, he would have acted boldly as he did after 9-11 and attacked China for holding so much of our debt and two days later declared "Mission Accomplished"!
Let AIG fail. Let the western financial system crash. Let the U.S. Stock Exchange system crash. Let us all crash. Let everybody goes through a massive financial flood. And then, from the rubble, let the filttest survivers build a brave new world.
You're exactly right. That's going to be the sentiment of most Americans now. So do you think the company will survive now that congress has put so much of our money into it? Now they demonize them and the public will avoid them completely! So they will still fail and all because congress is trying to cover their own butts.
This is the END of the american university system , the place where these
execs, directors , financist and corporate crooks and liers come from !!! Finally we`ll have a real education system , not the pop-corn & gym schools full of mom & dad boys whose parents pay a hundred of thousands
the new stimulus plan promotes construcuction of roads (made of petroleum products)....gas prices will be double soon--and inflated by wall street...not shocking that this is the plan that our gov came up with
How fake is his character, they are crumby sales people and poor actors who talks like him in real life he does not disclose anything important. They are like I said actors anyone who has been or observed people in sales and knows what is taught behind the scenes can see through his act and look how phony the lady is in the picture she is surprised at how fake he is acting haha.
Jim Cramer is to CNBC what KRAMER is to SEINFELD, an entertaining puppet that in the end will end up being a piece of garbage. If you follow Jim Cramer's advice you can bank on AIG being an absolutely must have stock that must be saved by the feds. Jim Cramer is a douchebag who is obviously paid to give advice on stocks. He is as useless as tits on a bull. that is my opinion.
Can somebody tell me what idiots voted for this bail out bill to help aig? Wasn't it originally a "no" vote in the house, and revoted as a "yes?" Was it mostly Democrats or Republicans who voted yes? What was the idea of benefiting "us" the taxpayers and America by allowing these greedy giant lenders to spend and later award bonuses from our hard-earned cash!!!!!!!!!!!!!!!!!!!!!!!!
not the rich screwing you over, its the new obama administration who knew ahead of time these bonuses were going tp be paid out....it was Geitner and Dodds thing with Obam okaying the deals.
Obama. Geithner, Dodd and Paulson all knew prior...soooooo you should be asking to hang the new administration ....you know the one you probably voted for and who wants to raise your taxes, have government control health care and every other aspect of your life. AIG is doing what any company would do and if Obamas team is too stupid to understand that then maybe the change we need is his resignation.
Obama is speaking right up the street from me tomorrow - Newport Beach, CA, 5 minutes a way, could walk there. Couldn't get a ticket with 5000 people in line. Mostly OC college kids who had free time to camp out over night and stand in line all day. Not many seasoned professionals who have jobs/careers and responsibilities standing in line. He should speak when the real working class can make it. On a weekend.
Lmao, that's a stretch, This country is far from dead but if we keep going on this path it might not be long off.
AIG has slapped everyone in the face that has lent a helping hand toward them.
"This is ridiculous," exclaimed Sen. Jon Tester, D-Mont. He said AIG executives "need to understand that the only reason they even have a job is because of the taxpayers."
Yeah, he SAID he wasn't going to allow it- but he signed a bailout bill without any pay restrictions for executives. Did he really think that these people- who have proven themselves to be greedy to the point of abject insanity, would simply refrain from taking as much money for themselves as possible because Obama ASKED them not to? So much for change- this is the same shit we've seen from Washington for decades.
you have a preexisting contract that must be honored ,this is what happens to OUR TAX money when the stupid ass goverment bails companies out. i was against the bailout,if AIG fails another company will spring up to take its place and those contracts are no more,if you get rid of these preexisting contracts then that opens the door for anyone to get rid out a contract they dont like consumer & business,i dont like my tax dollars paying bonuses or going for bailout,BUT contracts must be honored
All CEOs from these companies shoudl have their assets seized by the taxpaters and they should be blacklisted from any capacity where they handle money (even being a cashier) And they should have their PASSPORTS TAKEN AWAY so they cannot go elsewhere and run a scam.
The dirty little secret is that all these people getting all these bonuses are friends of Barack.
Most of the people on Wall Street who have their homes in the Hamptons and in San Francisco and Hollywood and Chicago and New York, most of these people are wealthy, filthy-rich Democrats. A lot of this money is going straight to people who end up kicking it back to Obama in the form of campaign contributions and what have you.
The Democrats and their banking friends created this mess in order to win back Congress and the White House. Frank, Pelosi and AIG are all to blame. They are playing games with the American public. Frank blames AIG for their excess but then continues to bail them out. No more excuses Rep Frank!
Is it me or does Cramer look seriously worried? If what he says is true then AIG was just too friggin big. No one company should be so big and so leveraged that it threatens the world markets as a whole.
Yeah right, Cramer looks. That is the word. But Cramer is not seriously worried. He is a great communicator and can tune his face, tone etc... to the content of the message, no matter what the message is.
Cramer is simply riding the wave. Could have been overenthusiastic on AIG (same situation) if he had wished to.
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123ableTHERollyboy 4 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.
MrBanker2222 4 months ago
Financial Gibberish designed to sound sophisticated so that you do not understand it. No one understands Gibberish. It is baby talk. The answer is right below. The average Joe and Jane can understand finance. Banking is a simple pyramid scheme. Iceland survived. A central bank Debt Based Privately owned system will never be there for the Common Good!
marinello6 4 months ago
Citibank is NOT TOO big to Fail! Cramer is full of SHIT!
marinello6 4 months ago
End Money Creation by privately owned banks and end Fractional Reserve Banking. Money should only be issued by governments in order to control the quantity.
Governments should issue their own money; not borrow from privately owned banks. Otherwise we are doomed to a world ruled by a plutocracy. A gold standard will not stop fractional lending.
Even Goldman was leveraged over 300 to one.
The leverage by banks was way beyond the standard 10 to 1 which should not even be.
Common Good!
marinello6 4 months ago
Turn money into gold and gold into money at Gold Trading Academy. Come watch the proof of 90% accuracy in gold trading, google Gold Trading Academy to learn more.
gLdFsh3787 4 months ago
@gLdFsh3787 I love gold too but it does not end fractional reserve banking. It never has. Each government has to issue its own currency at zero interest. There is not need to borrow from private individuals at interest and with endless money creation via the fractional reserve system.
marinello6 4 months ago
AIG was bailed out to cover non collateralized credit default swaps bought by Goldman Sachs and others (bets made against the housing market). Hank Paulson (Former Goldman Sachs CEO) was the Treasury Secretary that pushed for the bailout of AIG. Tax payer's money was then funneled through AIG to pay Goldman Sachs' bets against the housing market. They should all be charged with RICO.
jiveturkeyusa 5 months ago in playlist Finance
Fuck AIG.
They are denying medical treatment to contractors who risk their lives to support our military. They take tax dollars to provide workers comp coverage but refuse to provide any treatment.
Pelosi and Obama received hundreds of thousands of dollars in campaign contributions from AIG. Pelosi's husband owns thousands in stocks.
The Dept. Of Labor is owned by AIG. They hire from the DOL as a reward for letting them do what they want. ROT IN HELL ALL AIG EMPLOYEES!!
sandsucker1 6 months ago
Cramer was a Goldman coward.
MrFrankBullitt 7 months ago
PULGARES ARRIBA SI LLEGASTE AQUI VIENDO WEAS DE KRAMER XDD
pepaxlirika 11 months ago 5
@pepaxlirika la cago naa que ver xD
potitocaquita 9 months ago
This has been flagged as spam show
PULGARES ARRIBA SI LLEGASTE AQUI VIENDO WEAS DE KRAMER XD
pepaxlirika 11 months ago
Comment removed
pepaxlirika 11 months ago
IF AIG went belly up, 99% of US citizens wouldn't have noticed. Only the huge investors would have taken a big hit. People with $30,000 in a savings account would never have even noticed. And unless you were within 1 or 2 years of retirement, your 401(k) wouldn't have been an issue
It's All Scare Tactics.
PFB1994 1 year ago
This has been flagged as spam show
donate-us-debt.blogspot.com
What would America Be without Debt?
MrPhelps12 1 year ago
He is checking out the hot babe's tits.
burnstagger 1 year ago
I love it when the slaves to the banks sweat
thomasucc 1 year ago
I feel really sad if anyone still buys stock based off of what he says. He's as reliable and trustworthy as listening to the government.
rmccay88 1 year ago
I guess cramer looks so uncomfortable because he isn't running around his studio and doesn't have a "BIG FAT BUY ALERT!" button to press on AIG.
tvdownloads 1 year ago
Hey Cramer? How is Bear Sterns doing?
SuperUncleMonkey 1 year ago
wn video kajkajakjak
joseluchoxx 1 year ago
AIG is my favourite Bankrupt Zombie Bank.
AnonymousWhitePerson 1 year ago
all these bank and insurance thugs are hiding behind the word "economy" In fact our "economy" might do better without their slobbering interests.
the way I hear it AIG wrote insurance notes on SP mortgage to Goldman Sachs, who then cleaned then out when the crash came in.
Bail out AIG = payoff Goldman Sachs.
uturniaphobic 2 years ago
It is said that most of the US politicians pension funds were/are held by AIG. If they had let AIG go down they would have flushed their own pensions down the pan... so they had to keep AIG going. This was not the case with Lehmans who bought in a housing problem which they could let go under... is what I have heard. Wonder if there is any truth in that.
trident3b 2 years ago
AIGz
ALMIGHTYIGZ 2 years ago
NY State just reported that 41% of all NY State income taxes were paid by 1% (the 'rich') of the people. SO much for 'the rich pay no taxes'. So the gov't raised taxes on 'the rich' and they all fled the state - taking their businesses with them - now the state is dying. REAL SMART. Kiyosaki is a conman fraud.
indiasucksalways 2 years ago
cramer himself is a disaster
KhmerD0g 2 years ago
Executives of AIG, banks, insurance, mortgage & brokerage companies are greedy, incompetent theives who singlehandedly wiped out the life savings & incomes of millions of innocent, hard-working families. It's time they had their assets seized & liquidated & spend some time in the D wing of Federal prisons. Disgusting, greedy examples of how low people can stoop to try & satisfy their lust of money.
pig5689 2 years ago
AIGz
ALMIGHTYIGZ 2 years ago
lol, buddy its not his fault you lost money.
entrepersuit 2 years ago
Cartoons? Lol, can we talk about the discussion at hand? That's irrelevant. You realize *why* we bailed them out?
xtrastage 2 years ago
Fail @ economic understanding.
xtrastage 2 years ago
This guy looks so stressed.
Who knows, this dude could be 25
Nuanceqwest 2 years ago
Europe??? WTF? you fucking treasonous bastard!
rad4life1 2 years ago
All of a sudden Mr. Mad screming Kramer is Mr. Quiet & Reserved? I think he knows something we're not being told.
indiasucksalways 2 years ago
You cannot print gobs of money and expect everything to be okay....the commercial real-estate market IS going to burst...
As Winston Churchill said," This is the end of the beginning."
Garcia0384 2 years ago
He was quiet and visibly shaken on Good Morning America right after the Lehman meltdown. It's not his first time being serious - just one of the few times Cramer has been hit with news that is so damn significant that he goes directly out of his scripted character on Mad Money and brings the info stiff and straight without any static. I agree, though: be fearful when the eternal optimist falls into despair...
bigollameo 2 years ago
Read - 'Conspiracy of the Rich' by Robert Kiyosaki, that book will help you alot!
Lingerfoot 2 years ago
Every single one of these failed/bailedout companies had outsourced to INDIAN companies a few years earlier. Indian conman Azim Premji and his company Wipro are grifters. AIG, Lehman, Merill, GM, Sun, PeopleSoft, ALL of them used Indian outsourcing companies. India's workers are ranked 124th in world productivity while Americans are ranked FIRST!
indiasucksalways 2 years ago
Every single one of these failed companies had outsourced a few years earlier to India, Inc. Azim Premji is the Indian mastermind behind it. GM, Citi, AIG, Lehman, all of them outsourced to Indian companies who raped the companies and DRAINED them. Lehman used Wipro's Spectramind software which gave bad information which caused their trades to go bad. India, Inc. is the cause!
indiasucksalways 2 years ago
This has been flagged as spam show
Shorts are hitting this stock hard, should you be shorting it too?
Sirius XM Radio Inc. symbol SIRI is trading at 0.31 this stock is going down. It could be a good idea to shot this stock. Because it will NEVER, NEVER go up again.
Jfkennedy62 2 years ago
I used to work for AIG. I think the press has unfairly spiralled AIG as the big arch-enemy. There is a very small group of people within the company who are obviously responsible for this issue. A lot of hard working people had dedicated their lives to that company and have also lost a lot, it is unfair to label the WHOLE company so negatively.
I agree - this guy's delivery is very funny.
BerniB 2 years ago
Comment removed
BerniB 2 years ago
lol this guy is funny hahaahahahahahahaha why is he acting like that.........
farhmoha 2 years ago 2
its like his pseudo character, his unevil twin hahaha, compared to mad money!,
i think they tranquilize him and his head is a solar panel that absorbs light activating him to act like he does!!
fububalla 2 years ago
all the comments here are on the mark 100%, unfortunately we are stuck with this piece of shit until we get some semblence of stability in the markets that AIG affected(which ones didn't they?) All of us need to keep expressing our outrage so there is no next time- I just wish we had names and faces posted for public purview
billoakesattablthree 2 years ago
I say we get rid of all the shitty derivatives and investment insurance of any type. You invest in something like a mortgage or a bond, you take the risk, bubba.
looneychip 2 years ago
Fuck all the cocksuckers who hate on AIG... I don't give a shit if the ill half the world, they sponsor Manchester United!!!! That's the most important part by far and I obviously don't give a shit about anything else they do...Bye bye stupid Chelsea fans and Barclona will win this Champion's League anyway so we're all fucked...
yomama629 2 years ago
cocksuckers usually like getting fucked.
yu2hot4mi2kist 2 years ago
You are forgetting the best team and the team which are going to win ARSENAL F.C.
afurrypanda 2 years ago
Hahaha they're gonna get their asses kicked by Man U wednesday... and Barcelona's prodigy Lionel Messi will take downChelsea and Man U in the final... BARCA!!!!!!!!
yomama629 2 years ago
wow..
fububalla 2 years ago
Pile of crap. Let it all crash. As if no one is around to pick up the pieces. Regime change. Let's stop pretending that this "Corporate Financial System" works, and replace it with a real free market.
carlosjhr64 2 years ago 2
I say fuck AIG let em fail and lets see what happens. Im tired of those asshole smug bastards
3star2nr 2 years ago
I'm tired of 'em too but Cramer's right,if we let AIG fail the banks will fold no question. Sucks for Obama though. He won't be able to get anything else done. Bad time to be president.
sergeantnorider 2 years ago
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BREAKING NEWS! AIG EXEC RIPS UP BONUS CHECK ON YOUTUBE. click on my name to watch
billschannel 2 years ago
This has been flagged as spam show
posted news worldnetdaily - March 30, 2009 -
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DONEwCA 2 years ago
(Continued from earlier 2 posts) If AIG goes then the banks go then credit freezes completely and your job depends on credit. Directly or indirectly, almost every company on the planet relies on short term loans of some type (credit cards to short term, big money loans called commercial paper) so if credit freezes completely, much of the worlds economy freezes too.
It would all happen inside of a week if it comes. Let's pray the Bush/Paulson/Obama/Bernanke 'air bag' solution works. (End)
Einstiensblackid 2 years ago
Fuck it death to AIG. Fucking faggot insurance companies all need to be taken down by law or by civilian force...And that day is coming...
shaka1221 2 years ago
I hear you brother. Unfortunately they've got our economy by the neck, so we either take them down in an orderly fashion, or we let the global economy come to a very abrupt end.
Einstiensblackid 2 years ago
Im sorry it just makes me so sick the greed that exists between lobbyists and politicians. Just is the worst display of humanity to rob people of their money and then not give them coverage. Then make record profits
shaka1221 2 years ago
AIG low level employee are kind of pitiable. Being stuck in the middle between their boss and US people.
Seriously, why are the AIG top such assholes. To avoid bankruptcy they steal others money,
Its always the top people selfishness that cause so much trouble.
And they got so much money than us and yet still want more....
Haiz they will never understand the pain of middle class people
KiraDevilSame 2 years ago
has anyone released a list of counterparties to these AIG credit default swaps, or is that illegal to know?
daftpunker27 2 years ago
(cont. from earlier post) ... cause many of the CDO's and other asset backed securities that they also wrote, to default. So they're doubling down on housing always going up, putting their company in risk of collapse. If they collapse then all of their insurance to the banks disappears. Once that happens nearly all of the banks in the world suddenly have grossly underfunded balance sheets and stop lending completely... many will go under in a matter of hours if AIG goes. (continued)
Einstiensblackid 2 years ago
Let me explain what Cramer is saying here: AIG allowed banks to "meet their capitol requirements" by providing a type of insurance that was supposed to reimburse a bank if you defaulted on your mortgage or whatever kind of load it was. This effectively removed your loan from their debt load and allowed them to make another huge loan without needing additional capitol in the bank to do it. The only problem is, AIG sold trillions in CDS protection against a housing correction that would... (cont.)
Einstiensblackid 2 years ago
I don't trust crammer cause he is a spokesman for wall street and federal reserve.
aimsux3214 2 years ago
Cramer is a pink shirt wearing fag.
reddsledd 2 years ago
Cramer is a hyperactive person sitting down and speaking with a reasonalbe tone is seems difficult for him.
1tubedout 2 years ago
You know what I'm really looking forward to seeing? When people start cracking up on TV.None of this hissy fit anchor sh*t. I'm talking insane emotional outbursts, sudden suicides by police special, that kind of thing. Lets see if one of these talking heads keep their plastic smiles on with someone's shotgunned brains all over their brand new Armani. THAT would be priceless.
icantfindanamethis 2 years ago
If the buck stops with Obama (the spend thrift man) does this mean he will PERSONALLY pay back the deficit - out of his own personal retirement savings - when his change does not work ?
DONEwCA 2 years ago
Cramer seems to be having a hemorrhoid flare-up. It's painful for even me to listen.
littlemisspissy 2 years ago
I think some good ole boys oughtsta find them katty-wonkered folk at AIG and open a can a whoopass in em'. Shame on them. - Judd Jugmonger
jugmongers 2 years ago
Kramer talks like someone is under the table holding a razor to his balls.
slbiggs36 2 years ago 12
yeah... John Stewart
clickmylips 2 years ago
@slbiggs36 Have you read about crammer? He once got so mad because his broker charged him $625 extra on a $50 million contract -- threw a couple of computers on the floor and used fuck so many times... complicated guy you know
MrWarrenbuffett 1 year ago
@slbiggs36 Somebody is. His boss.
chuckbyf1 9 months ago
a little wish on my part....i hop you have fired that idiot Cramer...???
lumpfish99 2 years ago
WASHINGTON (AP) - President Barack Obama's budget would produce $9.3 trillion in deficits over the next decade, more than four times the deficits of Republican George W. Bush's presidency, congressional auditors said Friday see video > obama Deception
,___,
[O.o]
/)__)
-"--"-
louis12346 2 years ago
but on the other hand when the government increases spending the unemployment rate goes down.
AllStarDeal79 2 years ago
Is that really true? Also if the government keeps spending money that it doesn't have(aka printed money) who does it help? The people who are unemployed might get temporary regional restricted jobs building roads but at the same time the money will become worthless which will hurt everyone.
aimsux3214 2 years ago
Yes becasue when the consumer isn't spending like right now, the government takes its place to try and help it. But idk we really need to look at the great depression and see how we can get out of this recession quicker.
AllStarDeal79 2 years ago
Ben Bernanke knows more about the great depression than any other public servant right now. Even still there is a very low chance of this being the fist time a boom didn't end in a nearly equally sized bust.
Einstiensblackid 2 years ago
a lot of people are mad at the businesses, but they are only failing because The Fed sets artificial and arbitrary interest rates. A fiat currency with arbitrary interest rates screws up everything. So essentially, the government causes these cycles.
spacab 2 years ago
I hope this snake burns along with all his scaly kin one day soon.
hcr321984 2 years ago 2
Video about the AIG executive that would not return his bonus.
watch?v=E7zG3vbhQcs
CognosSquare 2 years ago
We have no idea what AIG insures but the bank of England will be upset?
combatsambonyc 2 years ago
No bailout, let AIG fail then those executives will be out on the street delivering pizza.
shfbdfi1273 2 years ago 8
@shfbdfi1273 owqiosajsdhjdshddrs
joseluchoxx 1 year ago
@shfbdfi1273 Thier set for life...
ddppokers 9 months ago
@shfbdfi1273 i wish it was that simple but they'll probably go work next door in some slightly smaller skyscraper
redarrowhead2 4 months ago
Why do we have so many companies like AIG getting Millions from the Government. They give bonusess to people who don't do there jobs properly.If a company loses money,people aren't performing..Sack them..You don't have to give some numpty 100 million dollars to run a company into the ground.People in the Military deal with $millions and they get paid what $40-$50.000 a year and they are held accountable for every cent.
Rockopeetzee 2 years ago
That man looks very uncomfortable. He acts like friends of mine with Asperger's syndrome.
What he says is perfectly intelligent and makes some degree of sense. However, I believe in capitalism, if a company can't make it, they need to tighten their belt and deal with it or fail. That's how the world works. It might crash the economy, but that's what happens, don't reward people for failure just because they are important.
nthnlsmmrs 2 years ago
he uncomfortable when he sits next to women. Cramer
timer999o 2 years ago 2
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Obama's out of control. Like a lottery winning sex addict in a whore house
DONEwCA 2 years ago
they should hang kramer as well. oops and so to his jewish banker friends that caused this debacle.
swamimans 2 years ago
Each and every one of those in AIG's financial products division should be hanging in a tree.
leddhed 2 years ago
I would like to share with you what The Bailouts have been doing:
Enjoy and keep passing all of us at YouTube around!
4tomhenry 2 years ago
Why can't we bail out real assets instead of the fear that these assets will fail us?
MickeyMockery09 2 years ago
Is this guy like rainman or something?
"Bam the future of rock and roll"
Anyway, the big companies need to get stuffed. They are the one's that f*cked up to make money, they should be left to burn.
The system has not worked, So get a new one or reboot this one. Don't try to keep the sh*t going.
Cheers,
Jiwan89 2 years ago
God dammit, is it that hard for me to live a life without being robbed?
When 95% of the population wants something, and our STUPID politicians go against our words, isn't it common sense that they are getting orders from someone else?
This is not a conspiracy folks. It is happening RIGHT BEFORE OUR EYES.
This is the message I am feeling from our "leaders"...
"Follow us and get us rich, or we will drive this entire country into the ground"
Whenever they talk, that is what I hear.
jeebsy12 2 years ago 3
Arrogance!
Incompetence!
GREED!
sebring98 2 years ago 3
A.I.G. = Atom Invisible Greedy!
DeafObama 2 years ago
It's not that companies like AIG can't fail it's that they MUST fail! Failing companies fail and then other companies replace them. It's called CAPITALISM and it's the American way. Once the government starts buying companies then it's called COMMUNISM and that's definitely NOT the American way. FUCK AIG! Let them fail.
Wizard364 2 years ago
Cramer looks and behaves like a whimpering little azzraped man bitch
tiuleihai 2 years ago
Cramer fired up the Harvard in that segment
stuwart182 2 years ago
He seems so timid. I can't stop laughing at Cramer.
elchamber 2 years ago 3
I take that back.. Throw the Bums OUT!!
all Dem & Rep. and AIG
VOTE CONSTITUTION PARTY!!
stpkeaton 2 years ago
I prefer a constitutional convention with term limits ... Throw out ALL the politicians and start fresh.
Dwyight 2 years ago
BOYCOTT AIG
stpkeaton 2 years ago
just like a kid taking lunch money. We have to stand up and fight!!! "MARCH ON WASHINGTON " tell a friend
dr987eam 2 years ago
They MUST be downgraded the party is over
cyberguy076 2 years ago
its amazing how stupid and hypocritical the government is, first they hand out
200B and then they start bitching over 150M, which is less than one tenth of 1%...and now they are threatening to windup the company, WTF?!?! the taxpayer should be hounding down the moronic government and not AIG !
tiuleihai 2 years ago
First of all I think (Dragojun89) summed it up well. I think these people dont care and are just laughing at our faces because as a people we are cowards who wont stand up to them. Sure there are individuals who will but 98% are cowards!
agenthelios 2 years ago
Of course we must realize that most Government is tied to all the Major investments that have taken a beating so there all in on this together! What a Game these guys are playing with our money!!!!....lol. We can never win!!
eatmeskivys 2 years ago
" WE ALL NEED TO PRAY" it's not over what's next?
dr987eam 2 years ago
dr987...PRAY?? to who? OBAMA the GOD!
dragojun89 2 years ago
This has been flagged as spam show
"you are upset!...you are OUTRAGED!!.. and APPALLED! but I guess the bigger person turns the other cheek (how many damn cheeks do we have to turn? Do you think AIG cares what the peasants and slaves have to say? they are the kings and nobility....Fuck you! youre a working class scum that goes to work 40+hours a wek to pay taxes to the king...who then gives the noblemen your sweat equity. NOW be a good serf and go to work tomorrow...they need $money$ for jet fuel and some fuel for their yachts!
dragojun89 2 years ago
You better work long and hard too...Jet fuel isnt cheap ya know! and also it takes some serious fuel to fill the 150ft yacht(Tahiti here we go). Maybe if you work hard enough they will allow you to shine their shoes during one of your pathetic 30 min lunch breaks. And if your lucky you can scarf down soem food before heading back. Maybe they will even send vacation pictures to the news on a postcard that reads..."Wish you were here, signed: AIG EXECS!" and P.S. Thanks for the money! FUCK YOU!"
dragojun89 2 years ago 2
-SexyBrown
Greedy white rich people? Come on...it's not about race...do you know all the executives are white? Wow...always pulling the race card...YOU are not allowed to pull the RACE card NO MORE...we have a BLACK president!
Anyways...on the AIG issue:
The CEO of AIG is trying to get the executives to payback 50% of their bonuses. 50%?!!!!! We the taxpayers now own 80% of AIG. They should be paying back at least....at least 80% of their bonuses back. In my opinion, everything.
cachemoney44 2 years ago 2
Isnt this Ironic how all the media stations and politicians almost over night all began a bash fest lasting days against AIG. The fact is that AIG will fail because of this bonus bashing, all execs will walk and leave the government wondering how to save it. BUT the fact is that our government wants this to happen, a failure of AIG that impacts the world will cause unfeatherd support of every country to sign onto the new world financial system regulations at the G20 summit on Apr.2nd.
schizoworld 2 years ago
cramer is a fucking tool, he will say whatever he thinks will make him look good
This guy is a grade A Douche
terminsane 2 years ago 2
I was laughing that this government money is going to hedge funds and foreign banks. This is crazy. AIG must be sepaarted out and liquidated. Obama says that he has the responsibility of fixing it. We give you the ball do your thing
chrysos101 2 years ago
chrysos101,
I'm listening to C-SPAN right now, from the testimony I've heard, the AIG bonuses were inserted into the stimulus bill by the white house, now Obama is condemning the same AIG bonuses he created
uzijohn 2 years ago
We are now seeing the results of greedy rich white people begin to scramble and sell each other out! No longer can they drive the best cars and live the best houses and look down on us.... YOU ARE THE REAL CROOKS YOU ARE THE REAL CRIMINALS........ WE WERE WAITING FOR YOU TO MAKE A MISTAKE AND PROVE HOW GREEDY YOU REALLY ARE.... We knew you were not honestly making all that money the right way... We shall enjoy watching you all feed each other to the sharks..........
sexybrownsatindiva 2 years ago
Sexybrownsatindiva ... It is antediluvian racists like yourself that impede social progress in favor of an antiquated view of race relations in the USA. You are an embarrasment to our nation. Shame on you! We no longer have room for racists. Grow up or get out! You owe us all an apology for your racist commentary.
Dwyight 2 years ago
all politicians are idiots! dems, gop, independents - may they all go to hell including company execs and wall street scammers.
by2004 2 years ago
Fuck this clown and find and kill those thieves ! AMERICA IS BEING JEWED FROM ALL SIDES
bubukaka5 2 years ago
This is why I can lead this country to a better place. I can take down this company with my own teeth if necessary. They may take you with them, not me.
BarackHussObama 2 years ago
This idot send just the opposite just before AIG whent south. Like Dr Laura he is a faker.
youseeityoudont 2 years ago 2
Right! If former President Bush were still in office, this AIG meltdown with the threat to the whole financial system (economy) would not have occurred OR if it had occurred, he would have acted boldly as he did after 9-11 and attacked China for holding so much of our debt and two days later declared "Mission Accomplished"!
FrankThoughts 2 years ago 3
Let AIG fail. Let the western financial system crash. Let the U.S. Stock Exchange system crash. Let us all crash. Let everybody goes through a massive financial flood. And then, from the rubble, let the filttest survivers build a brave new world.
FrankThoughts 2 years ago 3
If the thief be found they must return 7 fold
princessxblessing 2 years ago
AIG is shit.
I will NEVER be a customer of theirs.
Atomsmasher777 2 years ago
You're exactly right. That's going to be the sentiment of most Americans now. So do you think the company will survive now that congress has put so much of our money into it? Now they demonize them and the public will avoid them completely! So they will still fail and all because congress is trying to cover their own butts.
conspiracy777 2 years ago
This is the END of the american university system , the place where these
execs, directors , financist and corporate crooks and liers come from !!! Finally we`ll have a real education system , not the pop-corn & gym schools full of mom & dad boys whose parents pay a hundred of thousands
for nothing !!
jjbarbados 2 years ago
the new stimulus plan promotes construcuction of roads (made of petroleum products)....gas prices will be double soon--and inflated by wall street...not shocking that this is the plan that our gov came up with
1mississippidrummer 2 years ago
How fake is his character, they are crumby sales people and poor actors who talks like him in real life he does not disclose anything important. They are like I said actors anyone who has been or observed people in sales and knows what is taught behind the scenes can see through his act and look how phony the lady is in the picture she is surprised at how fake he is acting haha.
hitmeup345 2 years ago
Jim Cramer is to CNBC what KRAMER is to SEINFELD, an entertaining puppet that in the end will end up being a piece of garbage. If you follow Jim Cramer's advice you can bank on AIG being an absolutely must have stock that must be saved by the feds. Jim Cramer is a douchebag who is obviously paid to give advice on stocks. He is as useless as tits on a bull. that is my opinion.
skyweb2000 2 years ago
Can somebody tell me what idiots voted for this bail out bill to help aig? Wasn't it originally a "no" vote in the house, and revoted as a "yes?" Was it mostly Democrats or Republicans who voted yes? What was the idea of benefiting "us" the taxpayers and America by allowing these greedy giant lenders to spend and later award bonuses from our hard-earned cash!!!!!!!!!!!!!!!!!!!!!!!!
cookiebunn 2 years ago
Jim Cramer is a puppet for the entire financial industry.
"Two companies which cannot fail - AIG and Citi Corp"
They are so mismanaged they should fail.
But Jim Cramer wants to bail them out at taxpayer expense because he does not want his own ox gored!
The government needs to bail out every financially mismanaged company to be fair or bail out none at all.
Jim Cramer is a stooge! And he is playing everyone who watches his show for a stooge too.
Cockroach2008 2 years ago
you might be right but its all the administratrions im doing more researech on it tho
militantrebell 2 years ago
america is being fucked by the richest 1 percent wake up! if we have to use force im ready! fuck you 1 percent!
militantrebell 2 years ago
not the rich screwing you over, its the new obama administration who knew ahead of time these bonuses were going tp be paid out....it was Geitner and Dodds thing with Obam okaying the deals.
spazzovision 2 years ago
Chris Dodd is a crook. Want to find where AIG monies went. Look in Chris Dodd's back pocket.
crusades0917 2 years ago
AIG YOU CRIMINAL BASTARDS!!!!!!!!!!! YOU WILL ALL PAY FOR YOUR CRIMES!!!!!!!
If I was the president you would all be hanged in front of a public audience for OUTRIGHT TREASON!!!!!!!!!!!!!!
AIG, do everyone a favor and jump out of your penthouse suites and commit suicide!
sebring98 2 years ago
Obama. Geithner, Dodd and Paulson all knew prior...soooooo you should be asking to hang the new administration ....you know the one you probably voted for and who wants to raise your taxes, have government control health care and every other aspect of your life. AIG is doing what any company would do and if Obamas team is too stupid to understand that then maybe the change we need is his resignation.
spazzovision 2 years ago
Obama is speaking right up the street from me tomorrow - Newport Beach, CA, 5 minutes a way, could walk there. Couldn't get a ticket with 5000 people in line. Mostly OC college kids who had free time to camp out over night and stand in line all day. Not many seasoned professionals who have jobs/careers and responsibilities standing in line. He should speak when the real working class can make it. On a weekend.
DONEwCA 2 years ago
AIG SHOULD FUCK ITSELF
AlkaiosFist 2 years ago
Lmao, that's a stretch, This country is far from dead but if we keep going on this path it might not be long off.
AIG has slapped everyone in the face that has lent a helping hand toward them.
"This is ridiculous," exclaimed Sen. Jon Tester, D-Mont. He said AIG executives "need to understand that the only reason they even have a job is because of the taxpayers."
JPain15k 2 years ago
Kramer - Another cocksucker that talks too much. Thanks for all the useless advice Moron.
Dstringz 2 years ago
Dsteringz
Why do you have to call Kramer a name? Why can't you just intelligently disagree?
IamNeutral 2 years ago
I THOUGHT THE BIG-O SWORE NO ONE ON HIS WATCH WOULD EVER DARE 'BLOW' BAILOUT MONEY! HOW DID HE LET THIS HAPPEN??
I honestly want to know. Remember, HE'S the one who swore he wasn't gonna do like Bush and allow it, so don't blast me for making him responsible!
mels411 2 years ago
Yeah, he SAID he wasn't going to allow it- but he signed a bailout bill without any pay restrictions for executives. Did he really think that these people- who have proven themselves to be greedy to the point of abject insanity, would simply refrain from taking as much money for themselves as possible because Obama ASKED them not to? So much for change- this is the same shit we've seen from Washington for decades.
stevebelzer 2 years ago
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mels411 2 years ago
If the government gives AIG any money, it is time to begin an armed, forcible overthrow of this government!
This government no longer represents the people, it represents the business interests of the wealthy!
Put a torch to it all!
Cockroach2008 2 years ago
you have a preexisting contract that must be honored ,this is what happens to OUR TAX money when the stupid ass goverment bails companies out. i was against the bailout,if AIG fails another company will spring up to take its place and those contracts are no more,if you get rid of these preexisting contracts then that opens the door for anyone to get rid out a contract they dont like consumer & business,i dont like my tax dollars paying bonuses or going for bailout,BUT contracts must be honored
doubleslottedflaps 2 years ago
Amen, fuck AIG, they have proven they don't know how to handle money, our money,,
Howlinblind 2 years ago
All CEOs from these companies shoudl have their assets seized by the taxpaters and they should be blacklisted from any capacity where they handle money (even being a cashier) And they should have their PASSPORTS TAKEN AWAY so they cannot go elsewhere and run a scam.
letsgoflatland 2 years ago 2
AIG=Ain't I Greedy
by Robert Elvaine
Huffington Post
IamNeutral 2 years ago
Also the
American Incompetent Group:
Huffington Post
IamNeutral 2 years ago
Here we are bowing down to companies. How is this ever able to happen. They have surpassed the power of the governments. They should fall.
PukkPukk 2 years ago
This guy used to live in his car,not too long before he became a money guru---Wheres his crediblity???
sleepingowl1 2 years ago
SUCK SATAN'S COCK now AIG, , OH SATAN KILL AIG now
21stCenturyLIVING 2 years ago
The dirty little secret is that all these people getting all these bonuses are friends of Barack.
Most of the people on Wall Street who have their homes in the Hamptons and in San Francisco and Hollywood and Chicago and New York, most of these people are wealthy, filthy-rich Democrats. A lot of this money is going straight to people who end up kicking it back to Obama in the form of campaign contributions and what have you.
Tilbily 2 years ago
Looks like we're going to WAR again.
Monster posted 1000 Navy jobs for; Dr's, Dentist's, Nurses and Officers on 3/13. Army posted 1000 jobs on Careerbuider today.
Guess more America children and parents are going to die for Corp America big bonus exec's. Any AIG kids in the war?
Like our Gov didn't know until the last minute the bonuses would be paid.
If the exec's were fired a year ago for the bad job - NO bonuses !
Like Dem's made a call at the last minute to try and stop it. Ya right.
DONEwCA 2 years ago
Yeah, he is a clown....he is telling it how it was.....which is actually come to light now....Cramer is ok, AIG are the fucking BASTARDS!
PeruDallas74 2 years ago
The Democrats and their banking friends created this mess in order to win back Congress and the White House. Frank, Pelosi and AIG are all to blame. They are playing games with the American public. Frank blames AIG for their excess but then continues to bail them out. No more excuses Rep Frank!
rivi8840 2 years ago
FUCKING CLOWN !!!!!!!
bubukaka5 2 years ago
This has been flagged as spam show
Looks like we're going to War again.
Monster posted 1000 Navy jobs for; Dr's, Dentist's, Nurses and Officers on 3/13. Army posted 1000 jobs on Careerbuider today.
Guess more America children and parents are going to die for Corp America big bonus exec's. Any AIG kids in the war?
Like our Gov didn't know until the last minute the bonuses would be paid.
If the exec's were fired a year ago for the bad job - NO bonuses !
Like Dem's made a call at the last minute to try and stop it. Ya right.
DONEwCA 2 years ago
AIG renamed it's advisory business SagePoint because its parent AIG remains focused on the party/event planning business sectors
useyourdelusion 2 years ago
AIG is a piece of shit! May those guys that got millions in bonuses go to HELL!
siliconsurf 2 years ago 2
AIG is the Dooomday machine. It's triggered and set to destroy the entire economy if we don't keep feeding it more billions.
cathrynm 2 years ago
THE USA MARKET- hIGHWAY TO LLEH
stjohnsknits 2 years ago
Is it me or does Cramer look seriously worried? If what he says is true then AIG was just too friggin big. No one company should be so big and so leveraged that it threatens the world markets as a whole.
pdxeddie1111 2 years ago
Yeah right, Cramer looks. That is the word. But Cramer is not seriously worried. He is a great communicator and can tune his face, tone etc... to the content of the message, no matter what the message is.
Cramer is simply riding the wave. Could have been overenthusiastic on AIG (same situation) if he had wished to.
TheCZMan 2 years ago