Cramer Called Bear Stearns "Fine" Just A Week Ago

Cramer is a fake. Maybe now he will find a real job. Really he is becoming very boring

Seems like a a lot of you come to believe that he dosent know his arsss from a hloe in the ground

I don't watch him regularly, but a few weeks ago he predicted an imminent 2,000 point drop in the Dow.

I'd sooner take advice from Suze Orman.

Cramer is the same idiot who wanted the Fed to slash and burn interest rates. The US Dollar be damned.

I am more concerned about the return of my money than the return on my money. Mark Twain

What Cramer actually said and how it is presented in the title of this post are completely different.

The email he was reading was quite specific. Someone who had an account with Bear Sterns and wanted to know if they should pull their money out of the account, likely either a savings or brokerage account. He only said that there was no reason to pull the money out of the account. This email was not, as presented a buy sell recommendation of the Bear Sterns stock.

What this really proves is that we must get someone who is literate on financial issues in the white house, whether it is related to the economy or the national debt and deficit.

Cramer is a liar and a fraud and this latest Bear Stearns incident proves it. He's a hopeless judge of character, and he's a hopeless stock picker. He needs to change his meds.

You have to wonder if Cramer sold his stock in Bear Stearns last week. I seem to remember someone else a few years back who kept saying that there was nothing to worry about in his company while selling all of his stock. I think that company was called Enron.

Kramer is an idiot. Period. While he was telling the public Stearns was fine a week ago Kramer was probably doing what all upper management Stearns officers were doing: selling their own shares at the fake propped up price. So Im sure Kramer didn't lose any money in Stearns. This is why main street doesn't trust wall street.

Cramer is entertaining, but Cramer can't beat an asset-allocated array of index funds.

BOO-YEAH!

test

After listening to Cramer's defense it's comforting to know that he favors a non living entitiy 'x bank' over the interests of paying viewers who happen to be living human beings.

So who does he think his audience is?

THEY WERE SO FINE THEY TOOK HUGE STOCK OPTIONS AS BONUSES IN DECEMBER.

SEE THE INSIDER TRADING FOR BEARS AND STEARN IN DECEMBER. OVER $40 MILLION IN BONUSES.

Perhaps he was selling.

So what? Cramer is not know to be some intellectual giant to start with. If you're dumb enough to actually take his words as gospel, well, you deserve to be slapped.

Waterboard Cramer!

His job is to get the customers into a casino. What do you expect?

Cramer is part and parcel of the CNBC sales machine ...

The American financial industry is now largely insolvent, and everyone knows it ...

Kramer is like the rest of those Wall Street hustlers. He got his by commissions when his clients sold and when they bought - no matter what the market did. His show is just so much BS combined with sophomoric sounds and yelling.

Years ago a man who was retired from the company I worked at said a very wise thing to me about the market. He said "you could put 20 analysts in one room with all the data and information they needed to judge a company and you could put 20 monkeys in another room with darts and the names of stocks on the wall. The analysts would do their thing and the monkeys would throw their darts. In the end they would end up with about the same percent of winners and losers."

It's a jungle out there right now! Stay away from the guys in the monkey suits!

These pundits need to go. They represent the Board, not the regular investor. School districts, pension funds, everybody has been slowly bleeding to death and now we have a huge gash.

I posted here last fall and last Spring that a depression is coming that will make the Great Depression seen for what it was: mild.

On the positive side - and if anyone knows there history, there always is on - we have a great opportunity to make everything local again. Relocalization as it's called, will enable each of our communities to become self-sufficient again. We will no longer be slaves to corporations who steal our community's wealth, and foul our air water and land in the process.

The only reason he is where he is, is because he has a big, loud mouth. I'd like to buy Cramer for what he's worth and sell him for what he thinks he's worth. I'd be rich beyond my dreams.

I have been a student of Mr. Cramer for many years, and through his work not simply in the private sector but more so his altruistic endeavors to inform and educate the American consumer on how to take control of their own financial matters - he has an unblemished record of being solely interested in the exercise of a principled free market economy. Mr. Cramer has absolutely nothing to gain from advancing Bear Sterns as a positive security when indeed he had information to the contrary, anyone who knows anything about Mr. Cramer knows that he has no qualms about who you are, how much you are worth, his only concern is the consumer and that proper, concise, and accurate information is provided to parties so that they can make an accurate investment decision. Frankly, in all likelyhood, just like the rest of the American public, the banking sector, the Federal reserve, the foreign markets - Mr. Cramer - was misled or misinformed about the status of Bear Sterns - but before anyone starts to assinate the character of a man who has given more freely to the American consumer than anyone on Wall Street (save Warren Buffet) - perhaps we should try to avoid a repeat of Bill Cristol poor standards of reporting - and allow Mr. Cramer to explain his position. Anyone can be misled, and anyone can make a mistake. And, it was not Mr. Cramer that took $100 million dollar bonuses for performance at Bear Sterns while it was going in the tank, and it was not Mr. Cramer who made the ludicrous suggestion to use taxpayers money to bailout the same individuals for their ineptitude and unethical business practices - this is not simply a financial matter - this should warrant a criminal investigation.