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Originally Posted by wutamess
Bullshit! He has a responsibility and is somewhat no different that Madoff(sp?).
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Are you seriously comparing stealing $50 billion dollars through a decade plus hoax to being wrong on a few stock picks? That's one of the most stunningly stupid quotes I've ever seen on here.
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He's lied to the public and admitted (behind closed doors) that he's manipulated funds ,etc.
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Behind closed doors? It was an interview on his free website. Anyways, that's not the reason Stewart even had him on. It was to put a face on his CNBC attack, and Cramer apparently decided it was better to just sit back and take it rather than fight back and look even more like a rich Wall Street fat cat that normal people demonize.
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Of course they all may do it but JS held his ass accountable for being the "expert" he is. For him to take CEO's word for face value is what ME as a complete novice could do.
Some rely on Cramer for insight instead of his circle jerking with corporate CEO's who'd give him the best case scenarios of the respective company(ies).
Cramer can GFH!
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So would it be better for the public to not have access to his show, including his opinions and updates on stocks, interviews with company management, discussion of trends in the market, etc?
Since he's wrong occassionally and you think he should be off the air, we might as well get rid of WSJ, Barrons, CNBC, Bloomberg, Fortune, Money, etc.
Are you really arguing that the public would be better served if these outlets were no longer around, thus putting retail investors even more in the dark?