Jim Cramer on Bear Stearns Since Last Summer [View article]
pgens,
With all due respect, I don't agree with you.
"Bear Stearns didn't have a retail brokerage operation and didn't cater to individual investors." - WSJ
Bear's prime brokerage clients are primarily hedge funds and other institutional money managers. The chance that Cramer got a call from one of those guys is zip. Cramer is smart enough to know that. His audience is individual investors. This is the context. It is convenient to change the context ex post.
I did a study of Jim Cramer's January 2007 Mad Money Light Round calls and wrote a blog entry about it. You might want to check out - Tracking Jim Cramer's stock picks.
Jim Cramer on Bear Stearns Since Last Summer [View article]
With all due respect, I don't agree with you.
"Bear Stearns didn't have a retail brokerage operation and didn't cater to individual investors." - WSJ
Bear's prime brokerage clients are primarily hedge funds and other institutional money managers. The chance that Cramer got a call from one of those guys is zip. Cramer is smart enough to know that. His audience is individual investors. This is the context. It is convenient to change the context ex post.
Jim Cramer on Bear Stearns Since Last Summer [View article]
Pgens and PK, tell me what he is talking about, the stock, or the bank account?
The remark is in SeekingAlpha's recap:
seekingalpha.com/artic...
In Defense of Jim Cramer on Bear Stearns [View article]
investmentscientist.co.../
Cramer on Bear Stearns, March 11: Stick Around [View article]
Jim Cramer's Mad Money Lightning Round, 3/6/08: Blackstone Blackballed [View article]