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