Zero Hedge sticks it to Jim Cramer, lambasting the CNBC pundit's earlier pitch to chase the...

|By:, SA News Editor

Zero Hedge sticks it to Jim Cramer, lambasting the CNBC pundit's earlier pitch to chase the "animal spirits" in Ambac (ABK -51.2%), now nearing bankruptcy: Those who followed his clarion call "are now facing yet another complete loss... as Cramer-espoused momentum trading is proven once again to lead to nothing but financial ruin."