http://today.reuters.com/news/articleinves...Page3&sz=13

Video here: http://www.youtube.com/watch?v=708wDFX28lc



Just what we all know, except from the horse's mouth

Jim Cramer hosts a stock pick programme called "Mad Money" on CNBC, and his comments carry a lot of weight. If you ever get the chance to see him in action then please do, as he is both manic and hilarious.

BOO-YAH

Cramer is a w@nker and a joke amongst traders.

"This video is no longer available due to a copyright claim by TheStreet.com "

pity. i wanted to watch it

(wiki reports):

"In March 2007 in a video from TheStreet.com's "Wall Street Confidential" webcast, Cramer stirred controversy after describing activities used by hedge fund managers to manipulate stock prices; some legal and some illegal. He described how he could push stocks higher or lower with as little at $5 million in capital when he was running his hedge fund. Cramer said, "A lot of times when I was short, I would create a level of activity beforehand that would drive the futures...It's a fun game and it's a lucrative game". He also said that "no one else would ever admit that" and even encouraged hedge funds to engage in this type of activity because it is "a very quick way to make money and very satisfying." Cramer said everything he did was legal but added that illegal activity is common in the hedge fund industry. He further stated that some hedge fund managers spread false rumors about companies to the media and to trading desks to drive a stock down. Cramer said this practice, although illegal, is easy to do "because the SEC doesn't understand it." [7] In the same webcast, Cramer spoke of some reporters ("the Pisanis of the world") as "morons," suggesting he or other hedge fund traders could and would use gullible reporters to help cause stock price movements.

The December 2006 interview, which did not get widespread attention for months until it was posted to YouTube four months later, may be studied by the U.S. government, stock market regulators, and hedge fund experts legal sources said.[8]"

@: http://en.wikipedia.org/wiki/Jim_Cramer

found it: interview with Aaron Task:
here: http://www.youtube.com/watch?v=ZTt7IQB9rc0

"i would encourage anyone in the hedge fund business to do it. Because it's legal. And it's a very quick way to make money."

"these are all the things you should be doing on a day like today. if you're not doing it, maybe you shouldn't be in the game."

and in the comments, this video highlighted

Bloomberg Special Report - Phantom Shares

parasites destroying companies that do real work

here more from cramer... :-)

You want my top 10 stocks for who is going to make it in the new world?" said one (cramer/added) of these heroes at the February 2000 Electronics and Internet Conference (eight days before the Nasdaq peaked). Stocks that could be bought and held in that brave new world, in preference to all others?

http://immobilienblasen.blogspot.com/2007/...er-hussman.html

scroll to the 2nd half

http://immobilienblasen.blogspot.com/