Accusing underwriters of digging out their late 1990s playbook, Jim Cramer describes the...

|By:, SA News Editor

Accusing underwriters of digging out their late 1990s playbook, Jim Cramer describes the LinkedIn (LNKD) IPO as "preposterous." By offering just a sliver of the company, the promoters purposely created a frenzy for the shares. "It's a toxic way to price, it's a terrible thing to do."