Tuesday, March 18, 2008

March Madness Is: Jim Cramer On Bear Stearns

Mad Money indeed! Watch the "prophetic" (pathetic) Jim Cramer from just one week ago. He is no David Mamet, that's for sure.

1 comment:

Richard DeSimone said...

This clip has been widely circulated and always gets a laugh, but there is a distinction to be made: if Bear was acting as your broker, there is no need to pull your money out; as Cramer even says, they will likely be taken over - and they were. On the other hand, if you had your money in Bear's stock you, and many of their unfortunate employees, took a bath. This is only the beginning...