Worst Financial Advice of March 2008
Steven L.
who told his listeners to stay put and keep their money invested in Bear
Stearns:
http://www.liveleak.com/view?i=2b7_1205751955
--
Steven L.
Email: sdli...@earthlinkNOSPAM.net
Remove the NOSPAM before replying to me.
Doobie Keebler
> The Worst Financial Advice of March 2008 came from Jim Cramer...
With Comix as First Runner Up:
On Mar 15, 4:18 pm, com...@webtv.net wrote:
> i feel oil could drop to the 50 to 60 dollar level with no problem. the
> drop could literaly start any day.
Ed
"Steven L." <sdli...@earthlink.net> wrote in message
news:13ttf6h...@corp.supernews.com...
> The Worst Financial Advice of March 2008 came from Jim Cramer last week,
> who told his listeners to stay put and keep their money invested in Bear
> Stearns:
>
> http://www.liveleak.com/view?i=2b7_1205751955
I just saw him crybabying on CNBC. He's upset, he claims that if the Fed
backed Fannie Mae Bear Stearns would be fine. Fannie Mae isn't backed by the
Fed, Ginnie Mae is.
Sheldon Liberman
> The Worst Financial Advice of March 2008 came from Jim Cramer last week,
> who told his listeners to stay put and keep their money invested in Bear
> Stearns:
>
> http://www.liveleak.com/view?i=2b7_1205751955
>
> --
> Steven L.
> Remove the NOSPAM before replying to me.
Was he talking to an investor in the company's stock or a client with
an account at the the firm? "Don't move your money" is different from
"don't sell". If the latter, the advice wasn't that bad. That money is
safe, since BSC didn't fold but was bought up, and now become
liabilities of JP Morgan.
Buffet...@gmail.com
on notice as to linking that loser with them.
As for cramer, he is doing a revisionist thing on BSC saying he never
recommended or suggested peep hold the stock, that he warned them
it was worthless, lol. I heard the same prog & he did recom some
view-
er 'keep his moneyin there'.
Cramey now claims it was to avoid a run on the bank (until after his
wife
dumpt hers) and he was only referring to deposits and not the com
shares.
I guess cramer in latin means Thieving Weasel.
John Galt
> who told his listeners to stay put and keep their money invested in Bear
> Stearns:
I believe what he said was that the stock was worthless, but people who had
ACCOUNTS at Bear Stearns should stay put.
Is that not the case?
JG
John Galt
"Sheldon Liberman" <she...@liberman.com> wrote in message
news:22a8b86c-c4ad-4d83...@s8g2000prg.googlegroups.com...
****
That's how I remember it. He didn't say to stay invested in the stock, he
told a Bear stockholder that there was no reason to move their account to
another brokerage.
JG
Doobie Keebler
> That's how I remember it. He didn't say to stay invested in the stock, he
> told a Bear stockholder that there was no reason to move their account to
> another brokerage.
>
> JG
Cramer was shouting "Bears Stearns is fine!" as a graphic of it's
stock price flashed on screen:
http://tinyurl.com/yvawy4
Now 'technically' he may have been talking about moving account money
out of BSC to another borker, but 'practically' the impression he
created by speaking over that graphic was to say to investors, "Stay
invested in BSC!"
Here's Cramer in all his Foamy The Squirrel glory:
http://www.youtube.com/watch?v=4sZCNlPwG8o
Watch the video, cast your vote for Jim Cramer as:
Yes - World's greatest douche bag
No - He's just misunderstood, poor fella.
.
.
Vote early and vote often folks, this is America, afterall.
John Galt has already cast the first vore for 'misunderstood'
Let your voice be heard ! ! !
Elle
"Should I be worried about Bear Stearns in terms of
liquidity and get my money out of there?" What Cramer said
was, "Don't move your money from Bear..." meaning it's okay
to keep your money on account there. And it is. See Cramer's
elaboration today at
http://www.businessandmedia.org/articles/2008/20080317110946.aspx .
One problem here is the guy speaks too fast. The other
problem is reckless readers.
"Steven L." <sdli...@earthlink.net> wrote
John Galt
"Doobie Keebler" <koop...@gmail.com> wrote in message
news:83ba3308-fc2e-45d7...@59g2000hsb.googlegroups.com...
> On Mar 17, 2:36 pm, "John Galt" <whoisjohng...@bluebottle.com> wrote:
>
>> That's how I remember it. He didn't say to stay invested in the stock, he
>> told a Bear stockholder that there was no reason to move their account to
>> another brokerage.
>>
>> JG
>
> Cramer was shouting "Bears Stearns is fine!" as a graphic of it's
> stock price flashed on screen:
> http://tinyurl.com/yvawy4
>
> Now 'technically' he may have been talking about moving account money
> out of BSC to another borker, but 'practically' the impression he
> created by speaking over that graphic was to say to investors, "Stay
> invested in BSC!"
I agree that you had to be listening carefully to determine the distinction,
and if you weren't, what he said was easily misinterpreted.
JG
Buffet...@gmail.com
bag.
It's comix. Fooker can't be botherred to spmell chekc.
W. Wells
"John Galt" <whoisj...@bluebottle.com> wrote in message
news:RJzDj.71430$Gv.6...@en-nntp-07.dc1.easynews.com...
Buffet...@gmail.com
Again, he was wrong, dead wrong. How do i get my own show on
Faux News?
W. Wells
the average American Reminds me of Teddy Kennedy. And most of the
celeberties.
<Buffet...@gmail.com> wrote in message
news:146a3695-cec8-490d...@u69g2000hse.googlegroups.com...