Cake Batter Express 1.1: Madoff, Jim Cramer v. Jon Stewart & The Bailout.

JP sounds off on: Madoff, Jim Cramer versus Jon Stewart, The Markets & The Bailout aka The Failout.

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Howto & Style

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• sex
• drugs
• and stocks
• recession

[Mastodon1432]

the big three shouldnt be bailed out.

the gov't shouldnt support bad businesse practices, if they are bailed out they will just be back again in a matter of months like gm is already. its like in communist russia when factories continue to produce things nobody buys just to keep people in work.

[ThrasherTV]

Agreed, but we have to set them down gently, not just let them fall off a cliff, the shock would be too much. But we agree. Investments in new energy and job creation in these emerging sectors are exciting.

[velovick]

vanity fair ran a good article from the investors point of view

[ThrasherTV]

Yeah, I understand that they were cheated, obviously, and that is more than wrong, but what Madoff was promising was a lie. Investors have to be skeptical, not just greedy.

[CheeeeePono]

hi hater!

[BigmusicbizTV]

You should also do some posts about your favorite brands, and fashion designers. Like where you get your gear from.

[AzWaCaFla]

There's an age-old saying about jews that sums up everything regarding all of the money-grabbers such as the Madoff family, Lou Pearlman, Reed Slatkin and countless other jews.

"When they are speaking, they are lying. When they are silent, they are stealing."

[RobertLaquan]

im 26 and started investing because of cramer, i havent worked since undergrad... so boooyahh love cramer. also man were you off with AAPL, and as a fellow investor (not pro) still investor, i love cramer, think about it, if i am schwab, i am ameritrade, where do you think the cramericans are going to open up accounts, in a way he makes them money.

[ThrasherTV]

LOL

[THEGrumpyTed]

If these things where emphasized there would be less "bailouts of failed companies goes against the very principals of free market capitalism that our economy was built on" and people wouldn't be buying Atlas Shrugged by the truckload.

[THEGrumpyTed]

I think this is a good point. But I believe something Obama and other politicians need to make abundantly clear is that this is a temporary measure. You have to brace the broken leg before you can get to the hospital to cure the disease. What they should be emphasizing is the disease, the measures and treatments that need to be implemented to keep this from happening again. Being bailed out should not be a fun ride, future companies should fear needing to be bailed out as much as bankruptcy.

[nolf999]

I'd be interested to find out if any of the investors in Madoff realised it was a scam?

The returns were great before it collapsed. If you're a cynic you could say that perhaps some of the investors were trying to get the most out of it and then leave before it blew up.

I'd be interested to see some research on if there was an unexplained spike in money being taken out before it fell apart?

[lilnyc]

I've never paid attention to financial news until now...probably like so many others. Yet I subscribed to your channel long ago b/c I like ya. NOW you and Erin Burnett along with CNN are my regular sources of info for what's happening.