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  • Cramer's Stop Trading! The Caterpillar and Deere of the Banking Sector [View article]
    Stated in article:
    Cramer thinks criticism of Bank of America CEO Ken Lewis is undeserved and believes the chief executive has put the bank in a good position to recover from the economic slowdown. In addition, Bank of America's stock is being bought "hand over fist."

    "Isn't that what matters?" said Cramer.
    -----
    No, Mr. Cramer, it's ethics that matters, which is lacking both under this BOA leadership and also in your assessment of what life and investing are all about. Learn from Suzi Ormann's motto, which doesn't put money as the idol on the altar. She ethical relationships between people first. You "just want to make money." Your show's credo sums up your Achille's heel, Mr. Cramer. That's your hubris and the intrinsic fallibility of your otherwise informed views. However, even brilliant people make bad mistakes. Welcome to the club.
    Aug 04 17:46 pm |Rating: +1 -1 |Link to Comment
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