Sunday, March 15, 2009

White House comments on Cramer

Q Thank you, Robert. It's a serious question and it's an easier one. I don't know if you or the President saw the Jon Stewart piece last night with Cramer, but it was serious journalism. Does the White House believe that this is the obligation of journalists to call out lies, to warn the public that there are dangers ahead?

MR. GIBBS: I don't -- the President and I talked earlier in the day yesterday about watching it. I forgot to email and remind him that it was on, so I don't know if he's seen it. I enjoyed it thoroughly -- (laughter) -- despite, even as Mr. Stewart said, that it may have been uncomfortable to conduct and uncomfortable to watch. I thought it was -- I thought somebody asked a lot of tough questions, and I am not surprised that the video of Mr. Cramer's appearance doesn't appear on CNBC's web site today.

Posted by Perry Rod, at 5:28 PM

Friday, March 13, 2009

Jon Stewart Exposes Jim Cramer's "Confidential" Video

The video that we wished would become popular for years has finally made its way to television.  Thank you Jon Stewart.  It's pretty sad that it takes a comedian to finally expose Jim Cramer.  Nevertheless, Jon Stewart has shown himself to be a more worthy financial jounralist than just about every so-called financial journalist in America.

Posted by Perry Rod, at 4:32 AM

Tuesday, March 10, 2009

Daily Show Exposes Jim Cramer

Jim Cramer wrote an article, devoting much of it to saying that he did not recommend Bear Stearns, but was saying that people should be comfortable about their accounts.  He essentially lied, trying to hide the fact that he recommended 2 months earlier and even days earlier.  Finally, someone in the media is taking on the biggest liar in the financial media:

http://www.thedailyshow.com/video/index.jhtml?videoId=220288&title=In-Cramer-We-Trust

Posted by Perry Rod, at 1:58 PM

Thursday, February 12, 2009

Jim Cramer's Bio

JIM CRAMER (courtesy of CNBC.com)

Jim Cramer believes that there is always a bull market somewhere, and he wants to help you find it. Cramer is host of CNBC's "Mad Money" (M-F: 6 p.m., 11 p.m. ET), featuring lively guest interviews, viewer calls and, most importantly, the unmatched, fiery opinions of Cramer himself. He serves as the viewer's personal guide through the confusing jungle of Wall Street investing, navigating through both opportunities and pitfalls with one goal in mind -- to help them make money.

Cramer is markets commentator for TheStreet.com, a multimedia provider of financial commentary, analysis and news, which Jim co-founded and of which is he is the largest shareholder. In addition to writing a column for TheStreet.com, Cramer also serves as the "Bottom Line" columnist for New York magazine.

He graduated from Harvard College where he was President and Editor-in-Chief of the prestigious daily The Harvard Crimson. After graduation he became a reporter for the Tallahassee Democrat and later for the Los Angeles Herald Examiner where he covered stories ranging from homicides to sporting events.

Cramer is a former hedge fund manager and founder/owner and Senior Partner of Cramer Berkowitz. Jim compounded rate of return of 24% after all fees for 15 years at Cramer Berkowitz. He retired from his hedge fund in 2001, where he finished with one of the best records in the business, including having a plus 36% year in 2000.

He helped Steve Brill launch American Lawyer magazine before attending Harvard Law School and earned a law degree. Upon graduating and passing the New York State Bar Examination and being admitted to the NY State Bar, Cramer joined Goldman Sachs in sales and trading. While at Goldman, Cramer wrote for The New Republic about stock market issues.

In December 2007, he published his latest book, Jim Cramer's Stay Mad For Life: Get Rich, Stay Rich. Cramer is also the author of Mad Money: Watch TV, Get Rich, Jim Cramer's RealMoney, Confessions of a Street Addict and You Got Screwed.

Posted by Mahyar Hashemi, at 11:38 AM