Jim Cramer appeared on CNN's "Reliable Sources" yesterday and (kind of) owned up to his "Bear Stearns is fine" comments just a week before the investment bank's spectacular collapse. But it may have been too late, as Fox Business — the fledgling rival of Cramer's network CNBC — bought ad space in today's New York Times and Wall Street Journal knocking both Cramer and CNBC for the comments.
The ad headlines "Famous Last Words," and quotes Cramer on Bear Stearns, concluding, "Turbulent times call for a credible network."
View the ad below (embedded via DocStoc)
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