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Cramer: Why I Took the Fed to Task on 'Stop Trading'

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Jim Cramer explains why he thinks the Fed needs to cut interest rates to keep the market from collapsing.

Channel: News & Politics
Uploaded: August 7, 2007 at 8:11 pm
Author: TheStreetTV

Length: 03:20
Rating: 4.74
Views: 62409

Tags: business  Cramer  finance  Jim  Mad  Money  PG  Stop  Street  thestreet.com  Trading  Wall  

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Video Comments

stealthswimmer (August 14, 2008 at 7:28 am)
well there's the problem....I haven't been paying attention :D
docrw (August 14, 2008 at 5:46 am)
I have tracked his picks and the overall performance is horrible, if you've been paying attention you would also know this.
stealthswimmer (August 14, 2008 at 2:42 am)
Well that's one piece of anecdotal evidence....on the other hand my high school economics teacher took a lot of tips from Cramer...he invested in the stock market with 200 dollars when he started and he's around a little over half a million now. So I guess it just depends on the situation.
Closeoutracer (August 6, 2008 at 6:23 pm)
100% stand up... Even children can tell who cares and who doesn't When a car is stuck on the tracks and a train is coming the time for soft words is over... The people on the tracks in this case ..14 million homeowners, Bear Stearns, and countless other Critical Financial personel. Adults can learn from close calls.. if you and your family just managed to eek out of your car before it was train/hit you would remember. The Fed let the Train hit-didn't have to. Kudos Jim Cramer.
docrw (July 15, 2008 at 10:08 pm)
I'm a professional trader and can tell you right now that Cramer is an idiot and videos like this prove that. I've kept track of his performance and it's terrible! He's lost people so much money it's amazing and never talked about on the show.... He a fuck up for sure!!! Careful with your hard earned money.
Greezbhal (May 9, 2008 at 8:43 pm)
Prophetic words from Cramer. Looking back it's obvious the Fed was clueless until Bear was about to go down the toilet. In the clip of Cramer raging BSC is at 109.
branvuj86 (April 9, 2008 at 4:59 am)
Yep
Gumbixxx (March 29, 2008 at 12:26 am)
to micro turbine... bears sterns crashed a looooooong time ago, it's supposdly one the first large corp to have to be sold to big banks in this crash. I think bear sterns stocks sold for like 2 bucks a pop and JP morgan bought them.
tony1238 (March 19, 2008 at 6:14 am)
WHAT A SLUT
Microturbine (March 14, 2008 at 11:09 pm)
The guy was right on..Bear Stearns(the topic of the meltdown) will not survive now...

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