Monday, March 17, 2008

How To Think About Jim Cramer’s Insane Confidence--Even For A Crazy Person--In Bear Stearns

For the second day running DealBreaker had more angles on BSC than anybody else we see (we've got 350 blogs in various readers).
Some headlines:

How To Think About Jim Cramer’s Insane Confidence--Even For A Crazy Person--In Bear Stearns
How easy would it be to chalk Jim Cramer’s horrifically bad guidance to a Mad Money emailer last Tuesday to keep his money in Bear Stearns up to Jim Cramer being just plain clueless? I don’t know, very? But let’s think about this for a sec. JC’s given what’s known in the business as “shitty investment advice”
[Cramer just said he meant "It was safe to have your securities at BSC". -ed]

UPDATE: Here's the video, you decide. The "Bear Stearns is Fine" kinda sticks out.
HT: Market Movers.

Bailing Out Bear’s Creditors?

Is Bear Stearns The New Enron?
Yes, but not for the reason you might think

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