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Rap Sheet

Author:

Reggie Abaca

Subject:

Media Coverage

Date:

11/03/09 at 10:25 AM CST

 

 

READ: 1419

RPLY: 0

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Sentiment:

Neutral

TheStreet.com Inc's Jim Cramer Asks Blog to Remove Post, Apologize

Little known stock newsletter website Wall St. Cheat Sheet received a surprise email from Jim Cramer in response to an article critical of TheStreet.com Inc stock.  Taking issue with author Damien Hoffman's title, "Jim Cramer Says Sell, Sell, Sell His Company TheStreet.com," Cramer wrote the following e-mail to the author, according to the website:

Subject: Some decorum and some fairness From: “James Cramer” Date: Mon, October 26, 2009 5:30 am To:

While I understand your need to be “on the map,” and I understand the “public figure” exception to the libel laws, I do think that given your backgrounds and your histories, you are taking too much license with your Jim Cramer says Sell TheStreet.com . I believe that level of lack of responsibility is beneath you. So please take it down and apologize to me so we can move on. Fair? Think about it. Think about how much better you are than that? If you really need to sell subs just sell them, don’t trash me to do it. jjcramer

The message tells us that Mr. Cramer has somehow convinced himself that he is something more than an entertainter.  At Market Rap, we have hosted a series of critical pieces on Mr. Cramer's many shameless actions, yet have not received emails.  Titles such as, "Jim Cramer, The Weasel Who Is Now An Investor Advocate," may have deserved a Jim Cramer apology demand letter.  But apparently, Mr. Cramer is only concerned when his stock promoting website's stock is involved in the criticism.  Congratulations to the author, Mr. Hoffman, for his write up which got Mr. Cramer's direct negative attention.  Mr. Hoffman's response to Mr. Cramer is here, including a note that he was a fan the show.  Apparently, not anymore.

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