pgens

Total Rating:
0 / 0

3 Comments

    • Tue Mar 18th 23:10 PM | Rating: 0 0
      Commented on:
      Jim Cramer on Bear Stearns Since Last Summer
      Michael,

      Switching quotes doesn't defend the one in the article here. I already said he didn't get everything right with BSC... he believed financial statements under the Sarbanes-Oxley environment, God forbid.

      Quoting recaps doesn't do any good without the entire text of the question and the entire text of the answer... without content I can't fairly say what Cramer was answering. I'm not defending everything Cramer says... I am defending his statement as it pertains to this posting. If you see the entire video of the exchange the context is clear.
      View article »
    • Tue Mar 18th 08:22 AM | Rating: 0 0
      Commented on:
      Cramer on Bear Stearns, March 11: Stick Around
      Cramer was talking about moving money out of _accounts held_ at BSC, not about common stock. The post is extremely misleading. Cramer didn't call everything right with BSC, but to knock him for believing their financial reporting, when Sarbanes-Oxley is supposed to enforce truth in financial disclosures, is unfair. All you can fault Cramer with in this case is believing reported financial statements.
      View article »
    • Tue Mar 18th 07:48 AM | Rating: 0 0
      Commented on:
      Jim Cramer on Bear Stearns Since Last Summer
      Cramer was talking about moving money out of _accounts held_ at BSC, not about common stock. The post is extremely misleading. Cramer didn't call everything right with BSC, but to knock him for a prediction made in August, when Sarbanes-Oxley is supposed to enforce truth in financial disclosures, is unfair. All you can fault Cramer with in this case is believing reported financial statements.
      View article »
Contribute an Article Become a Seeking Alpha Contributor