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Originally Posted by eazyb81
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.
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.
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? |
Well considering he's trusted to be IN THE KNOW... Maybe with his Bear Stearns, Citi and AIG stock picks he told people to buy right before they went under, people may have lost $50B? (worded badly but you get my point).
And yes... I'd rather do away with his show altogether if he's going to be a freaking gimmick that relies on CEO talk rather than DD & research. Other shows seem to have more credibility anyways. So no, they get a pass unless they use the same tactics.
Yes it was "behind closed doors" as he said he would never admit that stuff to the public. Then he tried to cover it up saying that he didn't do that but JS quickly went on to the next scene so asshat before asshat could bury himself even futher.
It was good Cramer
or he could've made it worse on himself.