Jim Cramer explains how Hedge Funds Made Billions from TARP Program

Jim Cramer on Mad Money explains how Hedge Funds made Billions from the Bailout TARP Bill.

Category:

News & Politics

Tags:

• CNBC
• Jim Cramer
• Hedge Funds
• AIG Lehman Brothers
• Billions
• TARP
• Bailout
• Mad Money

[sprogo2]

At least he is explaining what other pundits/entertainers will not touch.

[myNAMEisTIMandIMaPC]

i think he knows he robbed people from his hedge fund days, so now hes trying to give good advice to investors he stole money from

[Andreas748]

Cramer said the other day that oil prices are being manipulated and are kept artificially high. Isn't this something the fed government should be investigating as this hurts the entire country? I would think that would be a priority for the justice dept.

[panyc10]

Bullshit, Lehman was fuc*ed anyway.

[rborchers7]

Nothing was too big to fail. We should have handled the financial crisis like a graduated S&L crisis. Because the gov't bailed out the investment banks instead of reforming them (and the SEC...) we're headed for another crash during a stagnated recovery. Congrats.

[Ryukikon]

@blackt0wer

WHat your saying is fallacious. People who are literal idiots get high positions all the time, throughout history. Cramer can be a sophisticated idiot, etc. I don't watch him so I would not know however your comment pure fallacy.

[blackt0wer]

@rgrmatt69 Cramer is NOT an idiot. You don't get to that position by being an idiot. Maybe his ethics are shot.. maybe he's of low moral.. but that man is far from an idiot.

[rgrmatt69]

@myNAMEisTIMandIMaPC Cramer is such a fucking idiot. I wish someone had the video of him saying lehman was in perfect shape days before it went to shit.

[gsvkck]

@JumpingMusic he could change the channel and voice his opinion as well.

[SHEETS31]

@smokenfly514 ehh idk just seein'

[smokenfly514]

@SHEETS31 You said something about Cramer being terrible at what he does and I basically said he can't always get all his calls right (e.g. Bear Stearns). I'm 100% long and leveraged, but why are you asking this haha

[SHEETS31]

@smokenfly514 sorry don't remember what I said, all snide comments aside, you say this "you try making 20 calls a day and getting them all right, ... , where market psychology plays as much of a role as efficient markets in determining equity prices." Please expand. I'm not sure if you're saying I cannot do better than Cramer or if you're saying Cramer has to censor what he says because of market psychology. Also, as of right now, how long are you in equities in % of your portfolio.