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BOMBSHELL: Jim Cramer admits to manipulating the market

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riverdeep Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-12-09 01:29 PM
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BOMBSHELL: Jim Cramer admits to manipulating the market
He says it all a game, and the truth really doesn't matter. Says that he 'foments', creating the impression that a stock is down for personal gain, something that is illegal, but one that he did anyway because 'the SEC doesn't understand'.

For all those people who think that the stock market represents an objective tally of the wealth created and transferred by fair, agreed upon rules, you may want to take a look at this.

http://www.huffingtonpost.com/2009/03/11/jim-cramer-shorting-stock_n_173824.html

BTW, Cramer is going to be on the Daily Show with Jon Stewart tonight, I wonder if this will come up, or if this is too hot even for Jon.
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BootinUp Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-12-09 01:41 PM
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1. Nothing is too hot for Jon except maybe
children's speeches at the CPAC.
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riverdeep Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-12-09 01:46 PM
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2. Either he or Colbert made fun of the kid.
I can't remember who what the specifics were, but definitely remember one of them playing that segment.
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