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| Jim Cramer Admits to Manipulating the Market; Finance "Guru" Says It's Easy | |
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| Topic Started: Mar 13 2009, 11:25 AM (80 Views) | |
| Anna Krome | Mar 13 2009, 11:25 AM Post #1 |
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http://www.huffingtonpost.com/2009/03/11/jim-cramer-shorting-stock_n_173824.html Jim Cramer Shorting Stocks, Manipulating Markets, Saying The SEC Doesn't Understand Watch this short video of cable's talking head, Jim Cramer, admiting on video that he has no problem manipulating the market through rumors and/or fooling financial journalists to do his bidding in the press. Who can you trust with your money? I have no idea, but a healthy dose of skepticism seems in line. Disclosure: I bought this guy's book! |
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Krome on Cars | |
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| Whatever | Mar 13 2009, 12:28 PM Post #2 |
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http://www.youtube.com/watch?v=6OPm_5GmN34 Jon Stewart Slams Jim Cramer |
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| Anna Krome | Mar 13 2009, 12:56 PM Post #3 |
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Yes, big news on Jon Stewart's show. Jim Cramer, in his own words--2 years ago, admitting to manipulating the market, makes me so cynical and wary of financial advisors. Is sticking w/short-term T-Bills the way to go? It sure worked for my grandparents, who said over and over--that the market is a gamble on "air," not based on tangibles. Older folks' conservative nature toward investing seems vetted in living through the Depression. What to do? |
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Krome on Cars | |
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